Mujeres Valientes De Pirayu Group
Maria Antonia is the group's president. She says she weaves in the Ñanduti style, a traditional Paraguayan weave. She is requesting the loan to buy fabric and thread to continue weaving, working, and providing for her family's needs.
La Sra. Maria Antonia es la presidenta del grupo, cuenta que se dedica al tejido de Ñanduti, tejido típico paraguayo, y solicita el crédito para la compra de telas e hilos para poder seguir tejiendo y de esa forma seguir trabajando y dando a su familia lo que necesitan.
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