Kuña Joaihu Group
Elva is the group's president. Her business is selling drinks and this helps her a lot in supporting her family. She would like to increase her stock of drinks and for her business to be more profitable. For this reason, she is requesting a loan to buy wine, beer, whiskey and other types of drink. This will be a big help to her.
Elva tells us that she will put as much effort as she can into helping her committee do well and she will also carry out her work plan.
La Sra. Elva es la presidenta del grupo, ella trabaja en la venta de bebidas, lo cual le ayuda mucho para mantener a su familia y también en su negocio. Su deseo es aumentar su stock de bebidas y ser más rentable, es por ello que solicita el crédito, para la compra de vinos, cervezas, whiskys y demás tipos de bebidas, lo cual le será de gran ayuda.
Ella nos dice que pondrá el mayor esfuerzo para que su comité salga adelante, y así también podrá ejecutar su plan de trabajo.
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