The Santa Librada group is in its fourth cycle of the women's committee. The members got together with the aim of helping their families via the group. They are determined and above all very enterprising. One of the members is Maria who is improving her own and her family's life by hard work and continuous effort and by demonstrating the essential characteristics of a successful woman. She is a seamstress and has a small workshop, which is her source of income for her family. Maria is asking for this loan to buy fabric and sewing supplies, which will help her to set up her business plan. This will help her to improve her income.
El grupo Santa Librada está en su ciclo número 4º del programa de comité de mujeres, las integrantes se unieron con el proposito de poder ayudar a sus familias por medio del grupo. Son luchadoras y por sobre todo muy emprendedoras.
Una de las integrantes es la Sra. Maria quien a través del esfuerzo y el trabajo continuo y las aplicaciones de los comportamientos vitales de una mujer exitosa, ella se encuentra mejorando su vida y la de su familia. Ella es costurera y tiene un pequeño taller, el cual es el medio de ingresos que tiene para su familia.
La Sra. Maria solicita de este crédito para la compra de telas e insumos para la confección, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
About Fundación Paraguaya
Fundación 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.