Sabina's business is sewing. She says that most of her neighbors come to her home to bring her work to do. For this reason, her business does very well. She is very well known for the good quality of the clothes that she makes and this is how she has gained customers. She is now a very successful micro-businesswoman.
Sabina is requesting a loan to buy fabric, thread, buttons, fasteners and other supplies she needs to keep working and filling her customers' orders.
Sabina se dedica a la costura, y comenta que la mayoría de sus vecinos se acercan a su casa a traerles trabajo para que haga, es por ello que le va muy bien. En el barrio es muy conocida por la buena calidad de las prendas que confecciona, y así se fue haciendo de clientela, hoy en día ya es una microempresaria muy exitosa.
Ella solicita el crédito para la compra de telas, hilos,botones, cierres y demás insumos necesarios para poder seguir trabajando y cumpliendo con los pedidos de sus clientes.
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