Yaguarón Poty Group
She is asking for a loan to buy fabric which is essential to her work. She is grateful to the Fundacion as the loan will be of great help to her business.
Una de las miembros es la señora Herma, ella es modista. Ella se define como una mujer trabajadora, sacrificada. Dice que empieza su jornada de trabajo a muy tempranas horas ya que siempre tiene muchos pedidos y siempre está muy atareada. Gracias a este trabajo ella ha podido salir adelante con sus proyectos y también ayudar a su familia.
Ella solicita el crédito para la compra de telas, lo cual es el elemento esencial de su trabajo. Está agradecida con la fundación pues el crédito le será de mucha ayuda en su emprendimiento.
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