Mujeres Unidas Group
Lourdes is one of the group members, and she works as a seamstress. She is 27 years old, and is married to Ovidio, who is a salesman. They have two children together, and Lourdes works very hard to help her husband with the household expenses and to provide a better life for their children. Lourdes’ goal is to grow and stabilize her business.
She is requesting this loan in order to purchase fabrics, thread, buttons and other products to keep up with her clients’ orders.
La Sra Lourdes es una de las miembros, ella es Costurera , tiene 27 años, esta casada con el Sr Ovidio quien es vendedor, juntos tienen 2 hijos. Ella comenta que con mucho esfuerzo y sacrificio ayuda a su marido con los gastos de la casa y de esa forma pueden darle una vida digna a sus hijos. La Sra Lourdes tiene una meta ampliar su negocio y de esa manera tener un lugar estable.
Ella solicita el crédito para la compra de telas, hilos, gomas, botones y demás insumos para poder seguir 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