Pirayu Calle Group
Herma is one of the members. She works in sewing and she tells us this has been her way of making a living for a while. Thanks to this work she has been able to get ahead and help her family, giving them what they need to have a dignified life.
She is requesting a loan to buy fabrics, threads, glues, and other materials that she needs to continue filling her client’s orders.
Herma es una de las miembros, ella se dedica a la costura, y cuenta que este ha sido su medio de vida hace ya un tiempo. Gracias a este trabajo ella ha podido salir adelante y ayudar a su familia dándoles lo que necesitan para tener una vida digna.
Ella solicita el crédito para la compra de telas, hilos, gomas, y demás insumos que necesita 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