Las Bellezas De Tarumandy Group
Marilina is the group’s president and says that she always tries to motivate her fellow members to continue working and growing as small business owners. She is a tailor and has steady customers because she does good work. She is asking for help so she can continue making clothing. She wants to buy fabric and thread. She is grateful for the opportunity they have all gotten.
Marilina es la presidenta de este grupo, comenta que ella trata siempre de motivar a sus compañeras para poder seguir luchando y creciendo en el microemprendimiento de cada una. Ella es costurera y tiene muy buena clientela ya que siempre hace muy buenos trabajos. Solicita hoy esta ayuda para poder seguir con sus confecciones, ya que quiere comprar telas e hilos. Agradece por esta oportunidad que todas 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