Koe Pyahu Group
Nilda is modest and has a sewing workshop in the city’s central zone, where she makes all types of drapes which sell well because they are of good quality and good prices. Nilda is innovative with her drapes and always tries to surpass herself, so she beats out the competition. Her goal is to have a grand workshop so she can also help other people.
Nilda is asking for this loan to buy fabric and thread for her workshop. She is grateful for the opportunity.
La Sra. Nilda, ella es modista y tiene un taller de costura en una zona céntrica de la ciudad, hace todo tipo de cortinados los cuales son bien vendidos por su buena calidad y buen precio. Nilda es innovadora con sus cortinas, y siempre trata de sobresalir así gana a la competencia. Su meta es poder tener un gran taller de costura, para que también pueda ayudar a otras personas.
Cuenta la Sra. Nilda que solicita el crédito para la compra de hilos y telas para su taller de costuras. Ella se encuentra muy agradecida por la oportunidad que 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