Virgen De Caacupé Group
Neria is one of these women. She defines herself as being a very hardworking person who tirelessly strives day to day to give her loved ones the best. She is a seamstress and she comments that she does very well because she’s always known how to do good work and that helps her attract more customers. Her goal is to continue growing and thus continue to help her family.
She requested the loan to stock her shop with fabric, needles, thread, adhesives, buttons and other supplies to continue working and growing. She, like the group, are grateful for the opportunity to progress they are getting from Kiva and Fundación Paraguaya.
Neria es una de estas mujeres, ella se define como una persona muy trabajadora, que incansablemente día a día se esfuerza por darle lo mejor a los suyos. Ella se dedica a la costura y nos comenta que le va muy bien, debido a que siempre hace muy buenos trabajos y eso le ayuda a atraer a mas clientes. Su meta es seguir creciendo y así seguir ayudando a su familia.
Ella solicita el crédito para poder abastecer su taller con telas, hilos, agujas, gomas, botones y demás insumos para seguir trabajando y creciendo. Ella, como el grupo, agradecen por la oportunidad de progreso que están recibiendo de kiva y fundacion paraguaya.
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