San Pedro Group
Graciela is the group president. She says she always tries to do her best to support her friends as they continue to work toward their goals. Graciela is a seamstress and says that she has a well-established clientele. She always offers her customers excellent service and good quality. Graciela is requesting a loan in order to buy fabrics, thread, needles, lace, and other supplies so that she can continue working and complete the orders from her customers. She is pleased with the opportunity she has received since the loan will be a great help in growing her business.
Graciela es la presidenta del grupo, ella comenta que siempre trata de poner lo mejor de ella para poder apoyar a sus amigas a que sigan trabajando por sus metas. Graciela se dedica a la costura y cuenta que ya tiene una clientela bien definida, ya que siempre les ofrece un buen servicio y de buena calidad. Ella solicita el crédito para la compra de telas, hilos, agujas, encajes y demás insumos con los cuales podrá seguir trabajando y cumpliendo con los pedidos de sus clientes.
Está contenta por la oportunidad que recibe, pues le será de mucha ayuda para poder seguir creciendo en lo que hace.
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