Gladis is the group president. She says that she makes and sells trinkets. Gladis comments that she always puts forth great effort into what she does, which explains why she has done very well. She also puts a lot of love into her work. Her goal is to have a large and prosperous business so that she can help her family. She is requesting a loan in order to buy beads, pearls, clasps, thread, and other supplies that she needs so that she can continue producing trinkets.
This group is pleased to be part of the program with Fundación Paraguaya.
Gladis es la presidenta del grupo, y nos comenta que se dedica a la elaboración y venta de Bijouterie. Comenta que siempre pone mucho empeño a lo que hace y es por eso que le va muy bien, ya que siempre pone mucho amor en lo que hace. Su meta es poder tener un negocio bien prospero y grande y así ayudar a su familia.
Ella solicita el crédito para la compra de cuentas, perlas, ganchos, hilos, y demás insumos que necesite para poder seguir trabajando con sus Bijouteries. El grupo está contento por formar parte del programa de la fundación 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