15 are the women that got together with the hope to help each other and their families through their efforts. Silvia is one of these women, she is a tailor, and mentions that she has really good work, which is why she is getting ahead, because her customers appreciate her work very much. Silvia has grown a lot, she started with a small shop and is growing thanks to her efforts.
She requests a loan to be able to invest it in buying fabric, threads, elastics, zippers and more. Her whole group is thankful for the help that they all receive, because it helps them grow.
15 son las mujeres que se unieron con la esperanza de ayudarse y ayudar a sus familias por medio de sus esfuerzos. Silvia es una de estas mujeres, ella es modista, y comenta que tiene muy buen trabajo y es por eso que está saliendo adelante ya que sus clientes aprecian mucho su trabajo. Silvia ha crecido mucho, ya que empezó con un pequeño tallercito y está creciendo gracias a su esfuerzo.
Solicita de este crédito para poder invertirlo en la compra de telas, hilos, gomas, cierres y demás. Todo su grupo agradece por la ayuda que todas reciben pues les ayuda a seguir creciendo.
About Fundación Paraguaya
Fundación 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.