Jacinta is group president. Her work is selling slippers that she hand embroiders herself. She and her spouse live in her own house and she also works doing cleaning chores in green areas. She’s a person who strives and works to get ahead. She’s a woman who hopes and yearns to get ahead.
She is asking for this loan to buy crafts supplies like thread, beads, slippers, fabric and others to continue making her embroidered slippers and other handicrafts to sell.
La Sra. Jacinta es la presidenta del grupo, su actividad se basa en la venta de Zapatillas bordadas por sus propias manos, vive en pareja en casa propia y también realiza trabajos particulares de limpieza de espacios verdes. Ella es una persona que lucha y trabaja por salir adelante. Es una mujer con muchos deseos y ansias de salir adelante.
La Sra. Solicita este crédito para la compra de insumos de manualidades, como ser hilos, canutillos, zapatillas, telas, y otros, para seguir haciendo sus zapatillas bordadas y otras manualidades para la venta.
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