San Lorenzo Group
One of the members is Maria, who is a dressmaker in the neighborhood. She is requesting this loan to invest in buying spare parts for her sewing machine since this is her primary instrument for work. She is very active and enterprising. She works from home and has customers all over; she is well-known in the community.
Una de las integrantes la señora Maria, quien es modista del barrio, el préstamo que pide lo quiere invertir en la compra de repuestos para su máquina ya que es su principal instrumento de trabajo. Ella es muy activa y emprendedora trabaja desde su propia casa, tiene varios clientes de todos lados es muy reconocida en la Comunidad.
More information about this loan
This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.
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
77View loans »
Success!! The loan was 100% repaid