San Lorenzo Group
One worthy and notable story is that of 36-year-old Natividad. She has been a weaver for 12 years. In the company of her husband and children she weaves all kinds of hammocks, blankets and tablecloths and sells them in the city of Carapeguá, having her customer base there.
She says that thanks to the effort she has made, she has been able to grow and get to where she is today. She is applying for this loan to invest in buying fabric, thread, needles and other supplies so she can carry on with her embroidery and also increase the number of customers she has.
Una de las historias dignas de destacar es el de la señora Natividad de 36 años, ella es tejedora a partir de los 12 años, ella en compañía de su esposo y sus hijos teje todo tipo de hamacas, frazadas y manteles y lo venden en la ciudad de Carapeguá, teniendo su clientela formada. Ella comenta que gracias al esfuerzo que hizo ha podido crecer y llegar a donde hoy esta.
Solicita de este crédito para poder invertirlo en la compra de telas, hilos, agujas y demás insumos para poder seguir con sus bordados y también aumentar la cantidad de clientes que tiene.
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