Corazones Unidas Ii Group
One of the members is Gladys, 50. She has three children and is a single mother. She tells us that she works as a seamstress. She has her own sewing workshop where she works every day. She says that thanks to God she has enough work which helps her support her house and her family.
She requested the loan to buy fabric, thread, zippers, buttons and other sewing supplies needed to fill her pending orders. She thanks the Fundación for the opportunity she’s getting through Kiva and Fundación Paraguaya.
Una de las integrantes, Gladys de 50 años, tiene 3 hijos, es madre soltera y nos cuenta que ella trabaja de modista, tiene su propio taller de costura en el cual trabaja todos los días. Ella dice que gracias a Dios tiene bastante trabajo, lo que la ayuda a mantener su casa y también a sus familiares.
Ella solicita el crédito para la compra de telas, hilos, cierres, botones y demás insumos necesarios para poder cumplir con los pedidos que tiene. Agradece a la fundación por la oportunidad que recibe por parte de kiva y fundación paraguaya.
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid