La Milagrosa Group
Ignacia is a member of this group, she works as a seamstress. She says that it was difficult to begin, but then she made her way and today she is well known and has very good customers. Her goal is to continue growing and thus continue helping her family.
She is requesting this loan to buy fabric, thread, buttons, zippers, etc. to continue meeting her orders.
Ignasia es miembro de este grupo, ella se dedica a la costura, cuenta que para empezar fue un poco difícil, pero que después fue abriéndose camino y hoy en día ya es muy conocida y tiene muy buena clientela. Su meta es poder seguir creciendo y de esta forma seguir ayudando a su familia.
Solicita este crédito para la compra de telas, hilos, botones, cierres y demás para poder seguir haciendo sus pedidos.
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