Kuña Guapa Group
One of the group members is Fatima who has sold clothing for quite some time. She sells her wares from home which is where she displays them.
In addition, she sells food to generate extra income and she feels very satisfied with the activities she’s engaged in to help her family.
She is asking for funds to buy winter clothes like: jackets, sweaters, pants, etc.
Una de las integrantes es la señora Fatima quien se dedica a la venta de ropas desde hace un buen tiempo.
Ella realiza las ventas de sus prendas de vestir desde su casa donde expone sus mercaderias.
Ella ademas de la venta de ropas hace comestibles para generar otros ingresos y asi se siente muy satisfecha con las actividades que realiza para ayudar a su familia.
Solicita el prestamo para la compra de ropas para invierno como camperas, sueter, pantalones y otros.
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