Mujeres Trabajadoras Group
Our member, Sra. Carlina, has 2 children. Her partner is Sr. Ricardo. She has operated a crafts business for many years and the income she earns from the business helps her husband with the family's expenses.
Sra. Carlina is applying for a loan that she will use to buy the supplies she needs--fabric, thread, buttons, paint, etc.--to carry on her business and support her family.
Una de las integrantes del grupo es la Sra. Carlina, quien tiene 2 hijos. Ella está acompañada con el Sr. Ricardo y cuenta que ella se dedica hace varios años a realizar manualidades de todo tipo, con los cuales ayuda a su marido con los gastos de la casa. Carlina es una persona con mucha creatividad, y es gracias a esto que puede sentirse útil.
Ella solicita el crédito para la compra de telas, hilos, botones, pinturas y demás, con lo cual podrá seguir haciendo sus manualidades y ayudando a su familia.
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