Un Nuevo Amanecer Group
One of the members is Evarista, who through her work and her desire to get ahead takes pains to work hard to achieve her goals in her work as a seamstress who makes clothing in order to achieve more production and improved earnings. She shows interest in and dedication to her work so she can pay for her household's expenses and the obligation she has to her group.
Evarista is requesting this loan in order to buy fabrics, threads, buttons, zippers, and other items. These will help her improve her income and help each one of them [the group members] advance.
Una de las integrantes es la Sra. Evarista quien a través del trabajo y deseo de superación se esmera en trabajar para lograr sus objetivos en su trabajo de costurera y elaboración de prendas para lograr mayor producción y mejor ganancia, ella demuestra interés y dedicación a su trabajo para poder solventar los gastos de la casa y con el compromiso que tiene con su grupo.
La Sra. Evarista solicita de este préstamo para la compra de telas, hilos, botones, cierres y demás insumos, 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