Artesanas Beni Loma Group
They have already obtained loans, and thanks to this program they are able to invest in the purchase of thread and cloth and thus ensure systematic growth.
One of the members is Felicia, who has a clothing workshop. Her business is in a good location, and her customers are very satisfied with the products that are made in her workshop. Over the years that she has dedicated herself to this business she has acquired a lot of experience, and she is very satisfied with this activity. She makes garments according to the season and sells them through orders. She wants to increase her income by decreasing the cost of her supplies by buying at wholesale the thread, fabric and appliques she uses to make clothing.
Ellas ya obtuvieron créditos y gracias a este programa pueden invertir en compras de hilos y trapos y así poder lograr un crecimiento sistemático.
Una de las integrantes es la Sra. Felicia quien posee un taller de ropas, se encuentra bien ubicada para el negocio y sus clientes estan muy satisfechas con los productos que su taller provee.
con los años que se dedica en el negocio ha adquierido mucha experiencia y esta muy satisfecha con la actividad.
Fabríca prendas de vestir de temporada y sobre pedido, desea incrementar sus ingresos abaratando los costos de insumos mediante la compra al por mayor de hilos, telas, apliques para confección de ropas.
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