Mujeres Responsables Group
Sara is the president of this group. She tells us that she always tries to motivate her fellow members, so they’ll always work hard and give it all they have. She works as a seamstress and it is through this work that she is able to support her family. It is because she always does a good job that she has a good client base, and she wants to continue growing.
She is requesting this loan to buy fabrics, threads, elastics, buttons, and other things. In this way she can continue fulfilling the requests from her clients.
Sara, la presidenta de este grupo, cuenta que ella siempre trata de motivar a sus compañeras, para que luchen y den todo de ellas siempre. Ella por su parte se dedica a la costura, y es mediante este trabajo que logra ayudar a su familia. Gracias a que siempre hace un buen trabajo es que ya tiene muy buena clientela, y ella quiere seguir creciendo.
Ella está solicitando de este crédito para la compra de telas, hilos, gomas, botones y demás, y de esa forma poder seguir cumpliendo con los pedidos de sus clientes.
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