Kuña Aty Group
Lorenza is one of the group members. She tells us that she has a modest grocery store thanks to which she’s been able to support her family and cover household expenses. She defines herself as a very hardworking, enterprising person who always makes the maximum effort to be able to help her family.
She’s asking for the loan to buy meats, vegetables, dairy products, beverages and other basic staple items to stock her store.
Lorenza es una de las integrantes del grupo, ella nos cuenta que tiene una modesta despensa, gracias a la cual ha podido sacar adelante a su familia y cubrir los gastos de la casa. Ella se define como una persona muy trabajadora y emprendedora que siempre se esfuerza al máximo para poder ayudar a su familia.
Ella solicita el crédito para la compra de carnes, verduras, lácteos, bebidas y demás artículos de primera necesidad, con lo cual podrá surtir su negocio.
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