Kuña Guapa Group
They comment that they are very hopeful that with work and sound credit management, they will manage to get ahead in the best way possible, providing each of their children with all of the creature comforts and a good education.
One of the members is Señora Estela Cáceres, who makes and sells embroidered slippers and shoes. She buys the slippers and the accessories to embroider with, such as: sequins, beads, and colored threads. The slippers are embroidered according to the orders that she gets, since she takes into account the color and designs that the customers want.
The loan requested for her is to buy slippers and shoes to sell, and accessories.
Ellas comentan que tienen mucha esperanza en que con el trabajo y buen manejo del crédito lograran salir adelante de la mejor manera posible brindando cada una a sus hijos todas las comodidades y con una buena educación.
Una de las integrantes es la señora Estela Cáceres quien se dedica a la realización y venta de zapatillas bordadas y de zapatos.
Ella compra las zapatillas y los accesorios para bordar como, lentejuelas, canutillos, y hilos de colores.
La zapatillas son bordadas de acuerdo a los pedidos que ella recibe ya tiene en cuenta que el color y los diseños que desean los clientes.
El crédito solicitado por ella es para la compra de zapatillas y zapato para vender y accesorios.
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