Kuña Katupyry Group
One of the members is Miguela, who works as a seamstress. Miguela is a hardworking woman who makes an effort and tries to give her family everything they need so that they don't have to go without any necessities like she has had to do. Her goal is to have a large sewing workshop and provide employment for other people.
She is requesting this loan to purchase fabrics to make winter clothing so that she can continue working as she has been doing. She is grateful for this opportunity that she and her friends are receiving.
Miguela es una mujer muy trabajadora, que se esfuerza y trata de dar a su familia todo lo que necesitan para que no tengan que pasar por ningún tipo de necesidades como las que ella tuvo que pasar. Su meta es poder tener un gran taller de costura y dar también trabajo a las demás personas.
Ella solicita de este crédito para poder invertirlo en la compra de telas para elaborar prendas de invierno y de esa forma seguir trabajando como lo viene haciendo. Agradece por esta oportunidad que ella y sus amigas están recibiendo.
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