Las Perlas Group
Elena is one of these women. She tells us that she’s a dressmaker. She’s been doing this for quite some time so she has a good clientele already. She works hard every day to earn income to give her family everything they need for a good life.
She is asking for Kiva help to buy fabric, thread, glue and other supplies to make clothes in her workshop.
Elena es una de estas mujeres, ella nos cuenta que es modista, a lo cual se dedica hace un buen tiempo y por lo que ya tiene una buena clientela. Ella trabaja todos los días arduamente y de esa forma tiene los ingresos para poder dar a su familia lo que necesitan para una buena vida.
Ella solicita la ayuda de kiva para la compra de telas, hilos, gomas y demás insumos para hacer las prendas en su taller
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