Santa Lucia Group
One of the members of this hardworking group is Porfiria who has worked sewing for several years. At first, it was difficult to start with this business but later as time passed she became better known and thanks to her good work is growing more each time. The help like loans and training she gets from the institution has been very useful.
She’s requesting this loan to buy fabric and thread to continue doing her work and also to fill pending orders and continue becoming well-known.
Una de las integrantes de este trabajador grupo es la Sra. Porfiria, quien se dedica hace varios años a la costura. Al principio le fue difícil empezar con este trabajo, pero luego de un tiempo fue haciéndose conocida, y gracias a su buen trabajo esta creciendo cada vez más. También le fue muy útil la ayuda que recibe de la fundación, como ser los créditos y las capacitaciones.
Solicita de este crédito para la compra de telas e hilos, para poder seguir haciendo su trabajo y también para poder cumplir con sus pedidos y así seguir haciéndose conocida.
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