Kuña Guapa Group
Rosa is one of the members. With great effort she has succeeded in getting on in life thanks to her job. She engages in selling charcoal, and she says things are going very well since charcoal recently becoming an alternative to gas.
She is requesting a loan to stock up with charcoal in order to satisfy her customers’ requests. She is grateful to the Fundación for the opportunity she has been granted.
Una de las señoras es Rosa, quien con mucho esfuerzo ha logrado salir adelante por medio de su trabajo. Ella se dedica a la venta de Carbón, en lo que dice que le va muy bien, pues últimamente el carbón se ha convertido en un medio alternativo en vez del gas.
Ella solicita el crédito para el abastecimiento de su stock, pues con eso podrá cumplir con la demanda de sus clientes. Agradece a la fundación por la oportunidad que esta le da.
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