Divina Misericordia Group
Zonia is one of the members of the group and works as a seamstress. She describes herself as a person with drive and an ambitious spirit, reason why she works hard and is getting ahead. She started with very little, but thanks to her effort she has grown her business and succeeded.
She requests a loan to buy fabric, thread, elastics, buttons and other items to be able to complete the requests from her clients and make her way through as a micro-entrepreneur.
Zonia es una de las integrantes del grupo y cuenta que se dedica a la costura. Ella se define a si misma como una persona con muchas ganas y espíritu de superación, que es por lo que se esfuerza, y con lo cual esta saliendo adelante. Cuenta que empezó con muy poco, pero que gracias a su trabajo y esfuerzo pudo crecer y salir adelante.
Ella solicita el crédito para la compra de telas, hilos, gomas, botones y demás con lo que podrá cumplir con los pedidos de sus clientes y a la vez ir abriéndose camino en su vida de microempresaria.
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