San Blás Group
Higinia is a weaver who makes all kinds of goods. She is a very entrepreneurial and hard-working woman who will use her loan to buy the supplies she needs to make her goods: all kinds of threads and different sewing kits.
“San Blás” fue denominado el comité y actualmente se encuentra en la novena etapa, con 16 integrantes. Es un grupo de señoras muy responsables, trabajadoras y sacrificadas, ellas se dedican a la realización de diversas actividades.
La Sra. Higinia, es una tejedora que reliza todo tipo de aritulos, es una mujer muy emprendedora y trabajadora, por medio del credito comprara los utensilios que necesite para la elaboracion de sus mercancias, ya sean hilos de todo tipo y los diversos kits de costura.
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