Rosa Mistica Group
Anastasia is a seamstress, and she says she always has a lot of work. It's because she always does very good work that she has been able to grow and her customers always come back. She says her goal is to continue working and to overcome any challenge that might come up.
She's requesting the loan to buy fabric, elastic, and buttons, with which she'll be able to continue working and fulfilling her commitments to her customers.
Anastasia es costurera y dice que siempre tiene mucho trabajo, es gracias a que siempre hace muy buenos trabajos que ha podido crecer y es por ello que sus clientes siempre vuelven a ella. Cuenta que su meta es seguir trabajando y superar cualquier desafío que pueda aparecer.
Ella solicita el crédito para la compra de telas, gomas y botones, con lo cual podrá seguir trabajando y cumpliendo con sus clientes.
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