Mujeres En Accion Group
Nilda is a dressmaker. She says that she does very good work, that she is getting ahead thanks to her dedication and effort, and that she is helping her family by working. She is requesting this loan so she can buy fabric, with which she will be able to make garments to order.
Nilda says her dream is to be able to continue expanding and to be able to offer work to other people.
Nilda es modista y comenta que hace muy buenos trabajos, ella gracias a su dedicación y esfuerzo esta saliendo adelante y por medio de su trabajo ayuda a su familia.
Solicita el préstamo para la compra de telas, con lo cual podrá hacer prendas que tiene como pedidos. Nilda cuenta que su sueño es poder seguir creciendo y también poder dar trabajo a otras personas.
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