Mujeres Emprendedoras Group
Odina is one of the group members, she is a dressmaker and does all kinds of jobs with help from her daughter. She has two children who are already married, who she sacrificed a lot to raise as she is a single mother.
Odina is asking for the help of Kiva and the foundation so she can buy fabrics, threads, bands, fasteners and other supplies to be able to continue working and fulfilling her customer's orders.
La Señora Odina es una de las integrantes del comité, ella es modista, hace todo tipo de trabajos, en lo cual recibe la ayuda de su hija. Tiene 2 hijos ya casados, que con mucho sacrificio crío, ya que ella es madre soltera.
Odina pide la ayuda de la fundación y de kiva para la compra de telas, hilos, gomas, cierres, y demás insumos para poder seguir trabajando y 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