Divino Niño Jesus Group
Jazmin, a member of the group, sells embroidered slippers. She says that she has a lot of sales since they are in high demand and always of good quality. She is a very creative person, which shows in each slipper that she makes.
She is requesting a loan to buy slippers, thread, sequins, tweezers and other supplies to keep selling the embroidered slippers. Jazmin, like the other members, is grateful for this opportunity.
Jazmin, miembro del grupo se dedica a la venta de zapatillas bordadas. Comenta que tiene mucha venta, ya que las mismas son muy solicitadas por sus clientas, además que siempre tiene muy buen trabajo. Ella es una persona muy creativa y lo muestra en cada zapatilla que hace.
Solicita el crédito para la compra de zapatillas, hilos, lentejuelas, pinzas y demás insumos para seguir vendiendo sus zapatillas bordadas. Jazmin, como las demás miembros agradecen por la oportunidad que están recibiendo.
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