Santa Elena Group
One of the group members is Angela, who works and has a desire to improve. She works to achieve her objectives in making traditional craft products. She wants to improve production and earn more profits. She has an interest and dedication to her work to be able to meet her household expenses and the agreement she has with her group.
Angela is requesting this loan to purchase materials to make her crafts, such as fabric, thread, needles, and other items. This will help her improve her income and help the progress of each group member.
Se destaca el trabajo en equipo, entre ellas organizan actividades en donde se ayudan entre todas para el bien del grupo y ser beneficiadas cada una.
Una de las integrantes es la Sra. Angela quien a través del trabajo y deseo de superación se esmera en trabajar para lograr sus objetivos en la elaboración de los productos artesanales para lograr mayor producción y mejor ganancia, ella demuestra interés y dedicación en su trabajo para poder solventar los gastos de la casa y con el compromiso que tiene con su grupo.
La Sra. Angela solicita de este préstamo para la compra de sus insumos para hacer sus respectivas artesanías, como ser telas, hilos, agujas y demás, el cual le ayudará a mejorar sus ingresos y para el progreso de cada una de ellas.
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