Kuña Guapa Group
Vilma sells clothing in a boutique that she created after becoming part of the Committee for the Women of Kuña Guapa.
She opens her business very early and offers good quality merchandise to all of her neighbors. She attends to her business with the help of her children.
Vilma tells us that the income from her business helps meet the household expenses that they used to rely solely on her husband’s income for. She appreciates the committee very much. It is because of it that she was inspired to start her own business.
Cada una realiza una actividad independiente así como la señora Vilma quien se dedica a la venta de ropa en un salón que ella instaló después de formar parte del comité de mujeres Kuña Guapa.
Ella abre su negocio desde muy temprano y ofrece sus mercaderías a muy buen precio para todos sus vecinos, el negocio es atendido con la ayuda de sus hijos.
Comenta la señora Vilma que el ingreso del negocio ayuda mucho para os gastos que sustentaba solo su marido por ello, agradece bastante al comité ya que mediante ella se animo a abrir su negocio propio.
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