Kuña Guapa Del Barrio La Mil Vivienda Group
Blasida is one of the members. She’s been sewing for some time now and comments that she’s already well-known in the neighborhood because she always does good work and this is why she’s renowned. Her dream is to have a great sewing workshop to provide employment for others.
She requests the loan to buy fabric, thread, glue, zippers and other supplies to continue working and filling pending orders she has.
La Sra. Blasida es una de las miembros, ella se dedica a la costura hace ya un tiempo. Y nos comenta que ya es muy conocida en el barrio ya que siempre hace muy buenos trabajo y por ello es muy reconocida. Su sueño es poder tener un gran taller de costura y de esa forma poder a la vez dar trabajo a otras personas.
Ella solicita el crédito para la compra de telas, hilos, gomas, cierres y demás insumos con los cuales podrá seguir trabajando y cumpliendo con los pedidos que tiene.
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