Nueva Alegria Group
Ilda is a seamstress, she sews and mends many different types of clothing. Over time, she has gained considerable experience and more importantly, a good reputation among her customers for her dedication, for always finishing her work on time, and for her good prices. The loan Ilda is requesting will be used to buy materials such as fabric, scissors, ribbons, etc. so that she can earn more income by offering a greater variety to her customers.
La señora Ilda es costurera, arregla todo tipo de prendas y también confecciona todo tipo de prendas. La señora con el tiempo ha podido ganar experiencia y sobre todo reconocimiento de su clientes por la dedicación, entrega a tiempo y buen precio.
El crédito solicitado sería para comprar los materiales como telas, tijeras, agujas, cintas, etc para poder ofrecer variedades y así generar mayor ingreso.
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