Maria Auxiliadora Group
Maria is one of the committee members and also its president. She stands out for her great spirit of leadership and her sense of comradeship. Thanks to her encouragement, her fellow members are making great strides. Maria makes her living sewing garments. With her profits, she supports her family and gives them what they need in order not to live in necessity.
She is requesting this loan in order to buy fabric, since she wants to be able to continue working and meeting her clients' requests. She is grateful for the support that she is receiving.
Maria es una de las miembros y también es la presidenta, es una mujer que se destaca por el gran espíritu de liderazgo y compañerismo que tiene, gracias al incentivo que da a sus compañera es que están saliendo adelante. Maria se dedica a la confección de prendas, con lo cual ayuda a su familia y les da lo que necesitan para no pasar por necesidad.
Solicita el crédito para la compra de telas, ya que quiere poder seguir trabajando y cumpliendo con el pedido de sus clientes. Agradece por la ayuda que esta 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