Kuña Mbarete Group
One of the membres is Señora Dionicia, who tells us that with a lot of sacrifice and the aid of her business, she is doing well. She is dedicated to the sale of clothing of all types, such as sweatshirts, shirts, pants and other things. One of her dreams is to be able to continue growing and in that way to be able to continue helping with the household expenses and the maintenance of the family. She requests the loan to purchase summer clothing, with which she will be able to be supplied and comply with the demand of her clients. She is thankful for the opportunity that she is being given, since it will be of great aid to her.
Una de las miembros es la señora Dionicia, quien nos comenta que con mucho sacrificio está saliendo adelante y con la ayuda de su negocio. Ella se dedica a la venta de prendas de todo tipo, como ser remeras, camisas, pantalones y demás. Uno de sus sueños es poder seguir creciendo y de esa forma poder seguir ayudando con los gastos de la casa y la manutención de la familia.
Ella solicita el crédito para la compra de prendas de verano, con los cuales podrá abastecerse y cumplir con la demanda de sus clientes. Agradece la oportunidad que se le está dando, ya que le será de gran 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