Kuña Guapa Group
It is currently in its 6th cycle in Fundación Paraguaya’s Enterprising Women Committee and is made up of 19 members who are in a variety of activities based on mutual support, companionship and solidarity among each other.
Gloria, 43, is married to Nestor, who is a Teacher, and they have three children. She is group Treasurer and on this occasion is asking for a loan to invest in her dressmaking workshop buying supplies needed to make her articles of clothing.
Actualmente se encuentra en el 6° ciclo del programa del Comité de Mujeres Emprendedoras de la Fundación Paraguaya y está integrado por 19 señoras quienes se dedican a diversas actividades, sobre la base de la cooperación mutua, compañerismo y solidaridad con cada una de las integrantes.
La Sra. Gloria tiene 43 años de edad, está casada con el Sr. Nestor quien es docente, tienen 3 hijos.
Es la tesorera del grupo y en esta oportunidad solicita el crédito para invertir en su taller de costura comprando insumos para la elaboracion de sus prendas.
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