Divino Niño Jesus Group
One of them is Cynthia, who crochets. That is how she supports and helps her family. She does all kinds of things, such as bedspreads, clothing, and tablecloths, which sell well and are in demand. She is a very hardworking person and talented at what she does and that is why it is going well for her.
She is asking for this loan to be able to invest in buying thread and needles to keep doing her crochet, which is her support.
Una de ellas es la Sra. Cynthia, quien hace crochet, y con esto mantiene y ayuda a su familia, hace todo tipo de cosas, como ser sobrecamas, prendas, mantelitos los cuales son muy vendidos y solicitados. Ella es una persona muy trabajadora y talentosa en lo que hace, es por eso que le va muy bien.
Solicita de este crédito para poder invertirlo en la compra de hilos y agujas para poder seguir haciendo su crochet, el cual es su sostén.
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