Kuña Guapa Group
Hermelinda owns a small grocery store. She reports that she has many customers from her neighborhood and surrounding areas and there is a lot of demand for all kinds of products. She says that she would like to expand her store so that her business can keep on growing and her customers can be more comfortable. She says that everything she does is for the well-being of her family and of those who depend on her.
She requests this loan in order to purchase goods such as foodstuffs, beverages, etc. to stock up her store. She thanks the Fundación for the opportunity she is given, because getting the loan will be a big help.
La señora Hermelinda tiene una despensa, comenta que tiene muchos clientes que son de su barrio y de zonas aledañas, tiene mucha demanda de todo tipo de productos. Comenta que le gustaría ampliar su local para poder seguir creciendo y de esa forma también ofrecer mayor comodidad a sus clientes. Dice que todo lo que hace es por el bien de su familia y por aquellos que de ella dependen.
Ella solicita el crédito para la compra de mercaderías, como ser comestibles, bebidas, y otros para el abastecimiento de su local. Agradece a la Fundación por la oportunidad que le da, ya que de obtener el crédito, este le será de mucha ayuda.
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