San Cayetano 2 Group
One of the members is Romy. She is modest and has a small sewing workshop that she is putting a lot of effort into pushing forward. She says that through her work, she gives her family what they need for a decent life without hardship. She always has a lot of work, which is very good because it helps her move towards her goals. She is requesting the loan to purchase fabric, thread, buttons, and other ingredients to be able to fill her orders and thus continue working.
Una de ellas es la Sra. Romy, quien es modista, y tiene su pequeño tallercito de costura, el cual con mucho esfuerzo esta sacando adelante. Comenta Romy que por medio de su trabajo da a su familia lo que necesitan para una vida digna y sin privaciones. Siempre está con mucho trabajo y es que eso es muy bueno, porque la ayuda a seguir con sus metas.
Solicita de este crédito para la compra de telas, hilos, botones y demás insumos para poder cumplir con los pedidos que tiene y así seguir trabajando.
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