Kuña Guapa Group
One of the members is Francisca, who owns a convenience store where she sells all kinds of goods such as groceries, sodas, sweets and the like. As the store is well-situated, she has very good sales, which helps her have a very good income. She dreams about being able to continue working and as such be able to help her family with a little more income.
She requests the loan to buy drinks, vegetables, bakery goods, sweets and the like, in order to supply her convenience store and in this way continue working. She is happy with the help she receives from Kiva and the Paraguayan Foundation.
Una de las integrantes es la señora Francisca, quien tiene un copetín donde vende todo tipo de artículos, como ser comestibles, gaseosa, dulces y demás. Debido a que está en una zona bien ubicada, tiene muy buenas ventas, lo que la ayuda a tener muy buenos ingresos. Ella sueña con poder seguir trabajando y de esa forma poder ayudar a su familia con un poco mas de ingresos.
Ella solicita el crédito para la compra de bebidas, verduras, panificados, golosinas y demás, con lo cual podrá surtir su copetín y de esa forma seguir trabajando. Ella está contenta por la ayuda que está recibiendo por parte de Kiva y de fundación paraguaya.
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