Kuña Kyrey Group
María is the group President. She defines herself as a hardworking, tenacious woman who strives to give the best to her family. María comments that she sells all kinds of clothes like shirts, t-shirts, pants and others. Thanks to this she’s able to help her family and cover daily costs that arise.
She asks for the loan to buy summer clothes so that she can be stocked up and have a wider variety to offer her customers.
Maria es la presidenta del grupo, ella se define como una mujer muy trabajadora y luchadora, que se esfuerza por darle lo mejor a su familia. Maria comenta que se dedica a la venta de todo tipo de prendas, como ser camisas, remeras, pantalones y demás tipos, gracias a lo cual ella puede ayudar a su familia y cubrir los gastos que día a día surgen.
Ella solicita el crédito para la compra de prendas de verano para que de esa forma pueda surtirse y tener mayor variedad para ofrecer a sus clientes.
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