The committee "Perpetuo Socorro" is currently in their 15th loan cycle. They are women with aspirations and a desire to work, and all of them are in crafts in order to earn an income for the betterment of their lifestyles. They says that thanks to the help of the foundation, they have been able to grow their businesses and it has really helped out their families.
Leonarda works in crafting, and she embroiders all different kinds of garments and textiles. She is a person with great talent and dexterity, and she is improving her family's life through her hard work and sacrifice. She notes that her group has also grown a lot and that her companions have also improved a lot and are moving forward in life. They want to continue growing and helping their families.
She is asking for this loan to buy threads, frames, needles, and more.
El Comité Perpetuo Socorro actualmente esta en el 15º ciclo son señoras con aspiraciones y deseos de trabajar, habitualmente todas se dedican a la artesanía y con el incentivo de generar ingresos para una buena calidad de vida, comentan que gracias a la ayuda de la fundación han crecido mucho y que han ayudado mucho a sus familias.
La Sra. Leonarda se dedica a la artesanía, borda todo tipo de prendas y tejidos, es una persona con gran habilidad y destreza, está sacando adelante a su familia por medio de su esfuerzo y su sacrificio. Comenta que su grupo también creció mucho y que sus compañeras también han mejorado mucho y están saliendo adelante. Ellas quieren seguir creciendo y ayudando a sus familias.
Solicita de este crédito para la compra de hilos, batidores, agujas y demás.
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.