Kuña Katupyry Group
Rufina is the group’s president. She makes a living selling chipas [Paraguayan cheese buns]. Her business has allowed her to help her family and provide them with what they need to improve their living conditions.
Rufina is asking for a loan to purchase corn flour, cheese, eggs, and the other ingredients she needs so she can continue making and selling chipas. This will make it possible for her to generate the income she needs to help her family.
La sra Rufina, es Presidenta del grupo. Se dedica a la venta de chipa (alimento típico paraguayo), gracias a lo cual ha podido ayudar a su familia y darles lo que necesitan para mejorar sus condiciones de vida.
Ella solicita el crédito para la compra de harina de maíz, queso, huevos y demás insumos con lo cual podrá seguir haciendo las chipas que vende y generar los ingresos para ayudar a su familia.
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