San Blas Group
Andrea is one of the members. She tells us that she makes a living sewing. It's a trade in which she has worked for a long time and in which she has much experience. Thanks to the time that she has been working in this area she has been able to form a defined clientele which has generated a very good income. Her goal is to be able to continue growing and expanding her workshop.
She is requesting the loan to be able to buy fabric and thread, with which she will be able to continue working and in this way continue helping her family from day to day.
Andrea es una de las miembros, y ella nos comenta que se dedica a la costura. Es un oficio en el que trabaja desde hace mucho tiempo, por lo que experiencia le sobra. Gracias al tiempo que lleva en esto ha podido formarse una clientela bien definida, lo cual le genera muy buen ingreso. Su meta es poder seguir creciendo y agrandar su taller.
Ella solicita el crédito para poder compra de telas e hilos, con lo cual podrá seguir trabajando y de esa forma seguir ayudando a su familia con el día a día.
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