Jovenes Katupyry Group
Lourdes is one of the members of the group. She says that she works hard and is trying to get ahead and invest in her studies. She sells cosmetics through orders and thanks to this she has her own income. She is requesting a loan to be able to invest in cosmetics so that she can continue to grow in her small business.
They are grateful to the foundation for the opportunity given to them.
Lourdes es una de las miembros del grupo, y ella cuenta que trabaja arduamente y de esa forma trata de salir adelante e invertir en sus estudios. Ella vende cosméticos sobre pedidos y es gracias a esto que tiene sus propios ingresos.
Ella solicita el crédito para poder invertirlo en cosméticos, para que de esa forma pueda seguir creciendo en su micro negocio. Ellos agradecen a la fundacion por la oportunidad que le dan a los jóvenes.
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