Arasape Poty Group
Elva is a very creative and meticulous woman. She displays these qualities in each piece of work that she makes. Her business is crochet. She makes all kinds of items such as bedspreads, cushion covers, clothing, tablecloths, etc. She says that she always sells everything that she makes because her work is very beautiful and good quality.
Elva is requesting a loan to buy yarn, needles, dyes and other supplies she needs to continue doing her crochet work.
Elva es una mujer muy creativa y detallista, y lo muestra con cada trabajo que hace. Ella se dedica al tejido en crochet, haciendo todo tipo de cosas, como sobrecamas, fundas, prendas, manteles y demás. Cuenta que siempre vende todo lo que hace, ya que su trabajo es muy lindo y de buena calidad.
Elva solicita el préstamo para la compra de hilos agujas, colorantes y demás insumos para poder seguir haciendo sus tejidos.
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