Kuña Katupyry Group
The president of the group is Hilaria. She works selling clothing for women, men, and children. She is married and has four children for whom she struggles every day to give a decent life.
She is requesting the loan to buy garments to stock up and be able to meet customer demand, because she has several orders that she would like to be able to fill.
La Presidenta del Grupo es la Sra. Hilaria, ella se dedica a la venta de ropas para damas, caballeros y niños, esta casada y tiene 4 hijos, por los que lucha dia a dia para darles una vida digna.
Ella solicita el crédito para la compra de prendas, con lo cual podrá abastecerse y de esa forma cumplir con la demanda de sus clientes, ya que tiene varios pedidos y le gustaría poder cumplir con ellos.
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