Mujeres Trabajadoras Group
Gladys is a seamstress who has been married to Jorge for ten years. The couple have two children. She is requesting a loan to buy fabric, needles and thread for making baby clothing. Gladys' goals are to continue growing in her business, to buy more sewing machines and to provide her family with a better lifestyle.
La sra. Gladys es costurera, esta acompañada hace 10 años con el señor Jorge, con quiene tiene 2 hijas .Ella solicita el credito para la compra de telas, agujas, hilos para la confeccion de prendas para bebe. Gladys tiene como meta ir creciendo en su negocio e ir comprando mas maquinas de coser y brindando asi un mejor estilo de vida a su familia.
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