San Cayetano Group
Silvina is the president of this group and says that all of them work and make an effort to achieve, and that she also tries to encourage them so they keep working. Silvina is a craftswoman who makes woven products. She is very creative, which is why her handicrafts sell well.
She is asking for this loan for the purchase of Ao Poi fabric (a Paraguayan type of fabric), thread, and other products so that she can keep making her handicrafts, her means of subsistence and the form in which she helps her family.
Silvina es la presidenta de este grupo y cuenta que todas trabajan y se esfuerzan por salir adelante, que ella también las trata de alentar para que sigan trabajando. Silvina es artesana, hace tejidos, es muy creativa y por eso sus artesanías son muy vendidas.
Solicita de este crédito para la compra de telas de Ao Poi (tela típica paraguaya), hilos, y demás productos y así seguir haciendo sus artesanías que es su medio de subsistencia y la forma en la que ayuda a su familia.
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