Kuña Oñondivepa Group
Lidia works selling all types of clothes both new and used. She comments that thanks to this business she’s been able to help her family and give them what they need to survive each day. She defines herself as a very hardworking woman who very much wants to get ahead and continue helping her family.
She requests the loan to buy all types of clothes to continue working and offering more variety to her customers.
They all are grateful to the Fundación and to Kiva for the opportunity they are getting.
Lidia se dedica a la venta de prendas de todo tipo, como ser prendas nuevas y usadas. Comenta que gracias a este negocio ha podido ayudar a su familia y darles para poder sobrellevar el día a día. Ella se define como una persona muy trabajadora y con ganas de salir adelante y seguir ayudando a su familia.
Ella solicita el crédito para la compra de prendas de todo tipo, con lo cual podrá seguir trabajando y de esa forma ofrecer mayor variedad a sus clientes. Ellas agradecen a la fundación y a Kiva por la oportunidad que están recibiendo.
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