San Cayetano Group
One of these women is Margarita, who is a dressmaker. She states that at first it was a bit difficult, but over time she has been gaining ground, and today she is very well-known for the work that she does. Most of her neighbors come to her business, as well as people from other places. Margarita's goal is to continue to grow the business so that she can help her family.
Margarita is requesting a loan to invest in the purchase of fabric, thread, buttons, zippers, elastic, and other supplies that she uses to make garments.
Una de ellas es la Sra. Margarita, quien es modista, comenta que al principio le fue un poco difícil, pero con el tiempo fue ganando terreno y hoy en día y aes muy conocida por el buen trabajo que hace, en su barrio la mayoría de sus vecinos y personas de otros lugares vienen hasta ella. Su meta es seguir creciendo y de esa forma ayudar a su familia.
Solicita este crédito para poder invertirlo en la compra de telas e hilos, también botones, cierres, gomas y demás, ya que son los insumos que mas utiliza en sus prendas.
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