Kuña Kyrey Group
Teódula is a very self-sacrificing, hardworking person. She sells all sorts of things from place to place like socks, blankets, sheets and others. Thanks to this she’s able to help her family and to give them what they need so that they don’t have to go through any privations.
She’s asking for the loan to buy blankets, sheets, socks and others to sell and to not run out of stock. She and her group are grateful for the help they are getting from Kiva and Fundación Paraguaya.
Teodula es una persona muy sacrificada y trabajadora, ella se dedica a la venta ambulante de todo tipo de productos, como ser medias, frazadas, sabanas y demás, gracias a lo cual puede ayudar a su familia y darles lo que necesitan para que no tengan que pasar por ningún tipo de necesidades.
Ella solicita el crédito para la compra de frazadas, sabanas, medias y demás, para poder vender y no quedarse sin stock de esos productos. Ella y su grupo agradecen por la ayuda que están recibiendo 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