Kuña Aty Group
Eloina (one of the members) is a very hardworking woman who sells vegetables. This has allowed her to move forward with her family and help with the daily house expenses. She knows how difficult it is to maintain her house, so she puts a lot of effort into it on a daily basis. Her sales are going well, since her neighbors always buy from her.
The loan requested to KIVA and the Fundacion Paraguaya will be used to buy vegetables, like tomatoes, chilies, onions, potatoes, legumes and other type of vegetables. This will help her to stock her store and continue offering vegetables to her customers.
Eloina es una mujer muy trabajadora, quien nos cuenta que por medio de la venta de todo tipo de verduras ha podido sacar adelante a su familia y ayudar con los gastos diarios de la casa. Ella sabe lo difícil que es mantener un hogar, y es por ello que día a día se esfuerza mucho. Cuenta que tiene buena venta, pues sus vecinos siempre compran de ella sus productos.
Esta vez solicita la ayuda de kiva y de fundación paraguaya para la compra de verduras, como ser tomates, locotes, cebollas, papas, legumbres y demás tipos, pues quiere abastecerse para tener siempre verduras que poder 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