Kuña Guapa Group
One group member, Zulma, began to work selling clothing after becoming part of the group. Currently zulma sells the clothes out of the front room of her home where she displays her merchandise for sale. She has 4 school-aged children and her husband is a contractor for home construction. They are two self-sacrificing individuals who fight to help their family; they are very pleased that their children are doing well in school which is a major goal for Zulma and her husband.
She is grateful to the Foundation for the support provided to her and her fellow group members.
Una de las integrantes del comite es la señora Zulma quien se dedica a la venta de ropa, esta actividad comenzó despues de iniciarse el comite. Actualmente la señora Zulma trabaja en salón que tiene frenta a casa, donde expone todas las mercaderías que tiene para la venta.
Ella tiene 4 hijos en edad escolar y su marido se dedica a la albañilería(construcción de casa), así los dos son muy sacrificados, pero luchan y salen adelante con mucha satisfacción ya que sus todos sus hijos estan culminando satisfactoriamente con sus estudios que es el sueño de Doña Zulma y su marido.
Ella agradece a la Fundación por la ayuda mutua que le brinda a ella y a sus socias.
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