Kuña Pora Aty Group
Elva is part of the group. She tells us that, thanks to her clothing sales, she has been able to get ahead and become a good micro-entrepreneur. She always has put forth her greatest effort to improve every day and in this way also help her loved ones.
She is requesting the loan to buy all types of garments with which she will be able to stock up and so be able to offer her customers a greater variety.
They are very grateful for all the help they are receiving because it is of great help to them.
Elva forma parte de grupo, y nos comenta que gracias a la venta de ropas que tiene ha podido salir adelante y convertirse en una buena microempresaria. Siempre ha puesto su mayor empeño para mejorar día a día y de esa forma también ayudar a los suyos.
Ella solicita el crédito para la compra de prendas de todo tipo, con lo cual podrá abastecerse y de esa forma poder ofrecer mayor variedad a sus clientes. Ellas están muy agradecidas por toda la ayuda que están recibiendo, pues le es de mucha ayuda.
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