Kuña Porä Group
The group demonstrates excellent morals about their payments. They make use of good savings, and they also engage in various activities for their petty cash. They are united and respectful of each other. They make all of their decisions in a democratic way, using the voting system for whatever decision they make.
Claudelina B., the president, stands out for her leadership ability. She encourages her colleagues to continue putting forth great effort in order to get ahead. They really value the opportunity that the Fundación continues to give them, and they all have their own small businesses.
She sells clothes, and thanks to previous Kiva loans to this communal bank, she has been expanding her business. Now she is requesting a new loan to be able to buy coats, pants, t-shirts, sweatshirts, and other winter garments. That way she will continue getting good results from her sales.
Son unidas y respetuosas entre sí, todas las decisiones las toman en forma democrática, utilizando el sistema de la votación para cualquier decisión a tomar.
La presidenta, Claudelina B., se destaca por su capacidad de liderazgo, alienta a sus compañeras a seguir esforzándose para salir adelante, valoran bastante la oportunidad que la Fundación les sigue brindando y todas tienen sus respectivos microemprendimientos.
Ella se dedica a la venta de ropas y gracias a anteriores créditos otorgados a este comité por Kiva fue incrementando su negocio, hoy día solicita un nuevo préstamo para poder comprar abrigos, pantalones, remeras, buzos y otras prendas de invierno, de modo a seguir obteniendo buenos resultados en sus ventas.
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