Maria Auxiliadora Group
Mirtha is the group's president. She is 39 years old, married, and has three children. She tells us that her business is sewing and, thanks to the good quality of her work and the fact that she always fills her orders, she has a good customer base who are always coming to her with work. This is how she improves her income.
Mirtha would like to continue working and so she is requesting a loan in order to buy threads, fabric, buttons, fasteners and other supplies. She has orders and would like to be able to fill them. Mirtha and her group are grateful for the help that they are receiving.
La Sra. Mirtha, es la presidenta del grupo tiene 39 años, esta casada y tiene 3 hijos. Ella cuenta que se dedica a la costura, y gracias a la buena calidad de su trabajo y a que siempre cumple con sus pedidos, ya tiene una buena clientela que siempre le acercan trabajos para hacer y de esa forma mejorar sus ingresos.
Ella quiere seguir trabajando y es por ello que solicita el crédito para la compra de hilos, telas botones, cierres y demás insumos, ya que tiene pedidos y quiere poder cumplir con ellos. Mirtha y su grupo agradecen por la ayuda que ella y su grupo están recibiendo.
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