Kuña Guapa Group
Guillermina is a member of this group. She says that she sells charcoal and has done very well in this business. Lately she has bought a lot of charcoal since the price of gas is very high. Her goal is to continue growing so that she can provide what her family needs. The loan she is requesting will be used to buy charcoal so that she will have enough product in stock and avoid being depleted. She is grateful for the opportunity she has received from Fundación Paraguaya and Kiva.
Guillermina es parte del grupo, y cuenta que se dedica a la venta de Carbón, en lo que le está yendo muy bien, ya que últimamente el carbón se compra mucho, pues el gas tiene un costo muy elevado. Su meta es poder seguir creciendo para poder seguir dando a su familia lo que necesitan.
Ella solicita el crédito para la compra de carbón, con lo cual podrá seguir teniendo su producto en stock y no quedarse sin abasto del mismo. Ellas agradecen la oportunidad que están recibiendo de la fundación y de kiva.
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