Kuña Guapa Group
Mirna is the group's president and she says that she sells all kinds of products, including sheets and blankets, as an itinerant vendor. Mirna says that she is always trying to motivate her friends to remain within the group as it is very helpful. She is requesting this loan to buy sheets, blankets and other products to sell. This will enable her to continue growing as a micro-businesswoman.
Mirna es la presidenta del grupo, y comenta que se dedica a la venta ambulante de todo tipo de productos, como ser sabanas, frazadas, y demás tipos de productos. Mirna cuenta que en todo lo que hace siempre trata de motivar a sus amigas para seguir dentro del grupo, el cual les es de mucha ayuda.
Ella solicita el préstamo para la compra de sabanas, frazadas y demás productos para venderlos, y de esa forma poder seguir creciendo como microempresaria.
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