Aty Katupyry Group
Sonia, the president of the group, is married, has one daughter, and she tells us that both she and her husband struggle to give their daughter the best of everything and avoid her having to suffer privations. She sells clothing of all types and she tells us that she has very good customers and many orders. Because of this she is seeking a loan to buy garments of all types to later sell.
La Sra. Sonia, presidenta del grupo, está casada, tiene una hija, y nos comenta que tanto ella y su marido luchan por darle a esa hija todo lo mejor y evitar que tenga que sufrir privaciones. Ella vende todo tipo de ropas y nos comenta que ya tiene muy buena clientela y muchos pedidos, es por ello que solicita el crédito para la compra de prendas de todo tipo para la posterior venta.
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