She is requesting a loan to buy yarn and pigment to manufacture the materials that she and her mother will sell.
Maria y su madre confeccionan las hamacas, colchas y sobrecamas y lo lleva a vender a cuotas en otras ciudades y así le resulta más rentable, hoy en día fábrica en gran cantidad ya que también tiene varios clientes macateros que compra en gran cantidad.
Ella solicita el préstamo para la compra de hilo y color para la fabricación de los materiales que ella y su madre venden.
More information about this loan
This loan is designed for young people aged 15 to 25 whose families are living in poverty and who wish to start a new business or improve an existing business. As part of its Youth Entrepreneurship program, Fundación Paraguaya’s staff members offer mentorship, as well as training courses and workshops in finance and business administration. Borrowers also receive standard benefits like health coverage and life insurance. This type of loan is not offered by most other financial institutions in Paraguay. Young borrowers are often considered to be too risky because they lack prior credit history or business experience.
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.
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This loan has been fully funded!