The Joajura group is moving forward thanks to the training and support given by the Foundation. Through this aid, the group members are helping their families and getting ahead. Each of the members works to give her children a good life without hardship. One of the members is Antinia, who works in producing all types of things through crochet. She says that she has crocheted since she was a girl, and today it is the way that she supports her family. She is asking for this loan to purchase colored yarns, needles, and embroidery frames, with which she can continue to make her handicrafts.
El comité Joajura través de la capacitación y la ayuda que les da la Fundación, están saliendo adelante y por medio de esa ayuda en conjunta ayudan a sus familias y están saliendo adelante.
Cada una de ellas se esfuerza por sus hijos ya que quieren darles una vida digna y sin privaciones. Una de ellas es Antinia, quien se dedica a la elaboración de todo tipo de cosas por medio del crochet, comenta que desde niña que lo hace y hoy en día es el medio con el que mantiene a su familia.
Ella solicita el crédito para la compra de hilos de colores, agujas y bastidores, con los cuales podrá seguir haciendo sus bordados.
About Fundación Paraguaya
Fundación 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.