Santa Librada Group
Viviana is a dressmaker. She says that she works every day in her shop, which is set up in her home. She tells us that the majority of her neighbors always give her a lot of work, which helps her to be able to maintain her home. She is a very hardworking and determined person who wants to keep working to help her family.
Viviana is asking for a loan to buy fabric, thread, and elastic, among other things, with which she will be able to stock up and have more materials to do her work.
Viviana es modista, y comenta que trabaja todos los días en su taller montado en su casa, y cuenta que la mayoría de sus vecinos siempre le dan mucho trabajo, lo que la ayuda a poder mantener su casa. Ella es una persona muy trabajadora y luchadora, que desea seguir trabajando para ayudar a su familia.
Ella solicita el crédito para la compra de telas, hilos, gomas y demás, con lo cual podrá abastecerse y tener más insumos para hacer sus trabajos.
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