San Juan Group
Julia is a group member who does crochet work. She creates new designs of all types including clothing, quilts, tablecloths, and other items. Julia is very enterprising and always does innovative work that is attractive to her customers.
The loan she is requesting will be used to buy yarn and needles so that she can continue working and improving her craft.
Julia una de las miembros hace crochet, hace todo tipo de novedades, como ser prendas, sobrecamas, manteles y demás. Es muy emprendedora y siempre hace trabajos innovadores que atrae a sus clientes.
Solicita de este crédito para la compra de hilos y agujas para poder seguir trabajando y mejorando su trabajo.
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