Zunilda's a member of this group. She earns a living sewing, and she comments that she's growing in her business thanks to the support she's receiving from her group and the foundation. She's a very hardworking person who dreams of overcoming all her obstacles so she can continue helping her family.
She's requesting this loan to buy fabric to continue working and making all her beautiful garments.
Zunilda's grateful for the help she's receiving because it's going to be very useful to her.
La Sra. Zunilda es miembro de este grupo, ella se dedica a la costura, y comenta que está creciendo en su negocio gracias al apoyo que está recibiendo de su grupo y de la fundación. Ella es una persona muy trabajadora que sueña con superar todos los obstáculos que tiene para que pueda seguir ayudando a su familia.
Solicita de este crédito para la compra de telas, con lo que podrá seguir trabajando y haciendo todas las prendas hermosas que confecciona. Zunilda agradece por la ayuda que esta recibiendo, pues le será muy útil.
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