Kuña Pora Group
Carmen has a grocery store and, through her work, she is able to provide her family with the resources they need to lead a decent and respectable life. She considers herself to be a very responsible and, above all, a very hard-working woman.
Carmen is requesting this loan to buy more merchandise such as food, canned goods, etc. so that she can stock her business. She trusts that, through this loan, she will be able to attract more customers and thereby increase her profit margin a little.
La Sra. Carmen tiene una despensa, por medio de este trabajo puede proveer a su familia de los medios necesarios para tener una vida digna y decorosa. Se considera una mujer muy responsable y por sobre todo muy trabajadora.
Ella solicita el crédito para la compra de mas mercaderías como ser comestibles, enlatados y demás para el abastecimiento de su negocio. Tiene fe, de que por medio de este crédito podra atraer mas clientes y así agrandar un poco el margen de sus ingresos.
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