Kuña Guapa Group
The women are very hard working. Since their first loan cycle they have shown responsibility and enthusiasm. They are all aiming towards a common goal which is to make more income so that they can improve their standard of living.
Angelica has a grocery store. She is very well known in her neighborhood as most of her neighbors come to buy from her small store. Through this business, she has been able to earn a little more income which she can use to stock her business and improve her lifestyle.
Angelica is requesting a loan to stock her store with groceries, dairy products, drinks, etc.
Las mujeres son muy trabajadoras, desde el primer ciclo han demostrado su responsabilidad y entusiasmo. Todas están con miras hacia un objetivo común, que es el de generar mayores ingresos, con lo cual podrán mejorar su nivel de vida.
La Sra Angelica tiene una despensa, ella es muy conocida en el barrio ya qyue la mayoría de sus vecinos siempre van a comprar de su tiendita. Por medio de este negocio ha podido obtener un poco mas de ingresos con lo cual puede abastecer su negocio y mejorar su estilo de vida.
Ella solicita el crédito para abastecer su despensa con comestibles, lácteos, bebida y demás.
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