Kuña Mbarete Group
Celia is President and feels she has a great responsibility to help and guide her fellow members because they have put their trust in her. Celia works as a seamstress and says she has a very good customer base, because she is known in the neighborhood for her excellent work and her customers are always satisfied.
She is requesting this loan to purchase fabric and thread in order to continue sewing and keep up her work.
Celia es la presidenta, ella se siente con una gran responsabilidad de ayudar y guiar a sus compañeras, ya que confiaron en ella. Por su parte Celia se dedica a la costura y cuenta que tiene muy buena clientela, ya que es conocida en el barrio por hacer excelentes trabajos con los que sus clientes siempre están conformes.
Ella solicita de este crédito para la compra de telas e hilos, para poder seguir con su costura y con su trabajo como lo viene haciendo.
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