Dulce Esperanza Group
Demetria is one of the committee members. She works as a seamstress and as an events decorator. She’s a very hardworking, creative, active woman who very much wants to get ahead. She has five children and her husband’s an electrician. She tells us that she and her husband always strive to be able to give their family what they need and so that they won’t have to go through any privations.
Demetria asks for the loan to buy fabric and decorations because they are the main things she uses for her work.
La Señora Demetria es una de las integrantes del comité, ella se dedica a la costura y decoración de eventos, es una señora muy trabajadora, creativa, activa y con muchas ganas de salir adelante. Ella tiene 5 hijos y su marido es electricista. Nos cuenta que ella y su marido siempre se esfuerzan por poder darle a su familia lo que necesitan, y que no tengan que pasar por ningún tipo de privaciones.
La señora Demetria solicita el crédito para la compra de telas y materiales para su decoración, ya que son los principales elementos que usa para su trabajo.
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