Santa Librada Group
Silvia works as a dressmaker. Thanks to her creativity and talent she has been able to restore damaged clothes. She is able to create clothes such as dresses, pants, vests, etc. The loan requested is to buy a greater amount of supplies such as fabrics, thread, scissors, pins, pattern magazines, and other materials to grow professionally.
La señora Silvia se dedica al corte y confección de ropas. La señora gracias a su creatividad y talento ha podido restaurar las ropas dañadas y también a crear ropas como vestidos, pantalones, chalecos, etc.
El crédito solicitado sería para comprar mayor cantidad de insumos como telas, hilos, tijeras, alfileres, revistas con diseños, y demás materiales que le ayuden a crecer como profesional.
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