Las Emprendedoras Group
Blanca is one of them. She is also president of this group. She works as a seamstress. She is very good at her job and it is thanks to it that she is getting ahead. She has a good customer base always bringing her work. Her goals are to be able to have a larger workshop and also to provide work for others. She is asking for a loan in order to buy fabric and thread so that she can continue working and fulfilling customer orders.
Una de ellas es Blanca, quien también es la presidenta de este grupo, ella se dedica a la costura, es muy buena en su trabajo y es gracias a ello que está saliendo adelante, se hace de muy buena clientela que siempre le trae muchos trabajos. Su meta es poder tener un gran taller y también dar trabajo a otras personas. Solicita de este crédito para la compra de telas e hilos, y así seguir trabajando y cumpliendo 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