Kuña Marangatu Group
María Alicia is one of the members. She’s married and has six adult children. María Alicia runs a grocery and general store out of her home. It’s located in a very well-known and travelled zone. She wants to expand her business, which will allow her to have more items on display and, through her work, allow her to get ahead and provide a better future to her children.
She is asking for this loan so in order to buy food, drinks, vegetables, and other things to stock her business and be able to meet her customers’ needs.
Una de las integrantes del grupo es la Sra. María Alicia, tiene 6 hijos grandes es casada y tiene una Despensa y Mercería en su domicilio. Está en una esquina muy vistosa y concurrida de la zona. Cuenta la Señora sueña con poder ampliar su negocio, lo cual le servirá para tener mas productos en exhibición, ella por medio de su trabajo ha logrado salir adelante y brindar a sus hijos un mejor futuro.
Ella solicita el crédito para la compra de comestibles, bebidas, hortalizas y demás para abastecer su negocio y de esa forma poder cumplir con la demanda de sus clientes.
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