Mujeres En Acción Group
Graciela has a sewing shop that is growing with four people. She says that thanks to her business she helps her family and covers the day to day expenses. Her goal is to be able to keep growing. This way she will be able to continue helping more people by providing a source of work.
Graciela is requesting the loan to buy fabric, thread, elastic, buttons, and other supplies in order to be able to continue growing.
They all are grateful for the opportunity they are getting from the Fundación Paraguaya and from Kiva.
Podemos hablar de la Sra. Graciela tiene un taller de costura que esta en crecimiento con cuatro personales. Comenta que gracias a su negocio ella ayuda a su familia y cubre los gastos del día a día. Su meta es poder seguir creciendo y de esa forma poder seguir ayudando a mas personas con fuentes de trabajo.
Graciela solicita el crédito para la compra de telas, hilos, gomas, botones y demás insumos para poder seguir creciendo.Agradecen todas ellas por la oportunidad que están recibiendo de la fundación paraguaya y de kiva.
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