Sra. Gladys was elected by the other committee members to serve as president. Her work involves making clothes. Thanks to her good work, she has been able to establish a good clientele who always place many orders with her.
Gladys is requesting assistance so that she can buy fabrics and thread. This will help her continue making clothes so that she can fulfill her customers’ orders.
La presidenta es la Sra. Gladys quien fue electa por las integrantes del comité. Ella trabaja en confección de ropas, y gracias al buen trabajo que hace está haciendo ya tiene muy buena clientela que siempre le hace muchos pedidos.
Pide esta ayuda para la compra de telas e hilos, y así seguir haciendo las prendas para cumplir con los pedidos de sus clientes.
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