Las Tejedoras Group
Mrs. Blanca is one of the members. She is an artisan an also works as an employee. Blanca says that through her job, she helps her family and gives them what she can. She has a dream: to progress every day more.
Blanca is requesting a loan to buy threads to make handmade clothes to sell; she has many orders. She says that her clothes are popular with customers because they are of very good quality.
La señora Blanca es integrante del comité, ella es artesana y empleada, cuenta que por medio de su trabajo ayuda a su familia y les da lo que puede según sus posibilidades. Ella sueña con poder ir creciendo cada día más.
Solicita de este crédito para invertirlo en la compra de hilos para elaborar ropas artesanales para su posterior venta, ya que tiene muchos pedidos. Ella comenta que sus prendas son muy solicitadas porque son de muy buena calidad.
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