Mujeres Trabajadoras Group
Mabel, the president, works as a seamstress. She says that she always has a lot of work because her sewing is very good. She is well known in her neighborhood thanks to her good prices. Thanks to her work, she is getting ahead and helping her family to get ahead, too.
Mabel is requesting the loan to purchase thread, fabric, elastic, and other supplies so that she will be able to continue fulfilling orders that she has.
Mabel, la presidenta, se dedica a la costura, cuenta que siempre tiene mucho trabajo ya que hace muy buenas costuras, es reconocida en su barrio gracias al buen precio que hace. Gracias a su trabajo sale adelante y ayuda a su familia a salir adelante.
Mabel solicita el crédito para la compra de hilos, telas, gomas y demás insumos para poder seguir haciendo los trabajos que tiene como pedidos.
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