Kuña Kyrey Group
Candida is the president and also a member of the group. She says she works as a travelling merchant, that is, she sells all sorts of products on the street, such as sheets, blankets, comforters, etc. This allows her to get ahead and give her family what they need.
She is requesting the loan to purchase sheets, blankets, comforters, and other items, so that she can keep working and helping her family.
Candida es la presidenta y también miembro del grupo, comenta que se dedica al macate, es decir a la venta ambulante de todo tipo de productos, como ser sabanas, frazadas, edredones y demás, gracias a lo cual puede salir adelante y darle a su familia lo que necesitan.
Ella solicita el crédito para la compra de sabanas, frazadas, edredones y demás insumos para poder seguir trabajando y de esa forma seguir ayudando a su familia.
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