Via Ferrea Group
Sra. Myrna produces “ñanduti” (a handmade lace used in clothing and decorations). She learned this craft at a young age from her mother. Through her work, Myrna has been able to support her family and her children. Her dream someday is to expand her business so that she can continue to work comfortably.
She is requesting a loan to buy the necessary materials to continue her business. These materials consist of different types of thread in various colors and different types of needles. Sra. Myrna has plenty of faith that this loan will be of great help.
La Sra. Myrna es tejedora de ñanduti (tejido hecho a mano para ropas, u ornamentos). Desde pequeña realiza este arte, ya que su madre se lo había trasmitido. Por medio de este trabajo ella ha logrado mantener a su familia y sus hijos. Ella sueña con algún día poder agrandar su negocio para poder seguir cómodamente con su trabajo.
Ella solicita el credito para la compra de los materiales necesarios para continuar con su trabajo, estos materiales consistirían en hilos de todas clases y colores, y ademas de eso todos los tipos de agujas que llegaría a necesitar. La Sra. Myrna tiene mucha fe en el credito y que le sera de gran ayuda.
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