Emilia, who is part of this group works decorating all types of events. She is getting to be known because thanks to her great work she is getting ahead. She has very good customers and hopes to keep growing to be able to help her family. She requests this loan to buy fabric, ribbon and other materials to be able to keep working and provide a good service to her clients. She is thankful to the foundation and to Kiva for the opportunity they are all getting.
Emilia, quien es parte de este grupo se dedica a la decoración de todo tipo de eventos. Ella se hace conocida ya que gracias a su buen trabajo está saliendo adelante. Tiene muy buena clientela quiere poder seguir creciendo para poder ayudar a su familia.
Solicita de este crédito para la compra de telas, cintas, y demás insumos para poder seguir trabajando y dando un buen servicio a sus clientes. Agradece a la fundación y a Kiva por la oportunidad que ellas están recibiendo.
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