Kuña Guapa Group
This communal bank is in its first loan cycle. They are learning the importance of communication, striving for progress for each of their members, for the communal bank and also for their community.
Lucy sells milk, and through this work she has been able to cover the expenses she has. She always begins her work day very early in the morning. Everything she does is for the good of her family.
She is asking for the loan to buy milk, which will allow her to always keep her business stocked.
Este comité se encuentra en el primer ciclo, están aprendiendo la importancia de la comunicación, buscando asi el progreso de cada una de las integrantes, la de su comité como tambien la de su comunidad.
La Sra. Lucy se dedica a la venta de leche, por medio de este trabajo ella ha podido solventar los gastos que tiene. Ella todos los dias empieza su jornada a muy tempranas horas del día. Todo lo que hace es por el bien de su familia.
Ella solicita el credito para la compra de leche, lo cual le permitirá tener siempre abastecido su negocio.
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