Kuña Guapa Group
Cynthia is a member of the bank. She is 21 years old and single, and has two daughters. She works selling food in her home and she tells us that it is going very well for her because her neighbors come to her to be able to buy the food she prepares. She says that everything she does is to give her daughters a future of dignity, since she is alone.
She is requesting the loan to buy shells for "empanadas" [small pies] , mayonnaise, vegetables, etc., which are the essential ingredients for the food she sells.
La Sra. Cynthia es integrante del comité, tiene 21 años de edad, es soltera, y tiene 2 hijas. Ella se dedica a la venta de comestible en su domicilio y nos cuenta que le va muy bien, puesto que sus vecinos acuden a ella para poder comprar los alimentos que prepara. Ella dice que todo lo que hace es por darles a sus hijas un futuro digno, ya que ella se encuentra sola.
Pide el crédito para la compra de discos de empanadas, mayonesas, verduras, etc., los cuales son los ingredientes esenciales para los alimentos que vende.
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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