Kuña Katupyry 3 Group
Yolanda makes a living as a seamstress. She told us that she makes all types of clothing and dresses. She is very good at what she does, a testimony to this is the clientele she has. Her goal is to keep working and helping her family day to day.
She has requested a loan to buy fabric, thread, buttons and other necessary supplies to be able to complete the orders that she has. She is thankful for the help that she has received from the foundation and from Kiva.
Yolanda se dedica a la costura y nos cuenta que hace todo tipo de prendas y vestidos, es muy buena en lo que hace, y prueba de ello es la clientela que tiene. Su meta es seguir trabajando y ayudando a su familia en el día a día.
Ella solicita el crédito para la compra de telas, hilos, botones, y demás insumos necesarios para poder hacer los pedidos que tiene. Agradece por la ayuda que ha recibido de fundación y de kiva.
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