Progreso Femenino Group
One humble person, but also very hard working, is Martina, who is a seamstress. She comments that she has always done good work and that this has given her a good reputation and this has helped her have more customers and continue to grow her business little by little with her work. Martina dreams to have a bigger workshop and also in the future be able to hire people who need work.
She is asking for a loan to purchase fabric, thread, elastics and other supplies in order to continue working on her orders.
Una persona muy humilde, pero sobre todo trabajadora es Martina, quien se dedica a la costura. Comenta que siempre hace muy buenos trabajos y que eso le ayuda a hacerse de buena fama, y la ayuda a tener más clientes y así ir creciendo de a poco por medio de su trabajo. Martina sueña con tener un gran taller y también el día de mañana poder dar trabajo a personas que lo necesiten.
Solicita de este crédito para la compra de telas, hilos, gomas y demás insumos para poder seguir trabajando con 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