Tajy Punta Group
Corina is a single mother with four young children. She has worked hard to provide for them and, thanks to this opportunity from Fundación Paraguaya and Kiva, she knows that she will be able to get ahead in life. Corina is a craftswoman and her business is embroidering sheets, bedspreads, etc.
Corina is requesting a loan to buy fabric and threads for the embroidery that she does. She is grateful for the opportunity that she is receiving as it will be a great help to her.
La señora Corina es madre soltera de 4 hijos pequeños y ha luchado mucho para sacarlos adelante y gracias a esta oportunidad brindada por la fundación y por kiva, sabe que podrá salir adelante. Ella es artesana, y se dedica al bordado de sabanas, sobrecamas y demás.
Ella solicita el crédito para la compra de hilos y telas para el bordado que tiene. Agradece la oportunidad que está recibiendo, pues le será de mucha ayuda.
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