Mujeres Unidas Trabajadoras Group
Isabelina is one of the members. She’s a seamstress and she comments that this is her method for helping her family. She’s a very hardworking person with a strong desire to feel useful and by means of her work to help her family.
She’s asking for the loan to buy fabric, thread, elastic, buttons and other supplies to be able to continue making the articles of clothing she sells.
La Sra. Isabelina, una de las miembros, se dedica a la costura; y comenta que este es su medio de ayudar a su familia, es una persona muy trabajadora y con grandes ansias de sentirse útil y por medio de su trabajo ayudar a su familia.
Ella solicita el préstamo para la compra de telas, hilos, gomas, botones y demás insumos para poder seguir haciendo las confecciones que vende.
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