Mujeres Emprendedoras Group
Alana is a member of the group. Thanks to her own hard work and the help of the group, Alana's tailoring business has been growing. She has a good customer base and has been blessed with a steady stream of work. Alana is applying for a loan to invest in her tailoring business. She would like to buy more fabric, buttons, glue, zippers and other materials to will allow her to complete her current work.
The group is very grateful for the financial support they have received from Fundacion Paraguaya.
Alana forma parte del grupo, y ella nos comenta que gracias a la ayuda de su grupo ha podido ir creciendo, y sumado a esto también su arduo trabajo. Ella se dedica a la costura desde hace un tiempo, tiene ya muy buena clientela y gracias a Dios trabajo no le falta.
Solicita el crédito para poder seguir trabajando e invirtiendo en su taller, quiere telas, botones, gomas, cierres y demás, con lo que podrá cumplir con los trabajos pendientes. El grupo está muy agradecido por la ayuda que siempre reciben.
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