Kuña Pora Renda Group
Gerónima has been able to support her family by working as a domestic employee. She also sells food in order to generate more income to help her family. Gerónima is very happy and proud to be a part of the Fundación Paraguaya. She feels motivated to continue working and progressing even more.
She is asking for the loan to buy materials to keep making the foods she sells like meat, condiments, vegetables, flour and more. She and her group are grateful for the help they are receiving from Kiva and the Fundación Paraguaya.
Mencionamos a la Sra. Gerónima que con esfuerzo para sostener su hogar trabaja como empleada doméstica y también trabaja en la venta de comestibles con la intención de generar sus mayores ingresos para ayudar a su familia. La Sra Gerónima está muy contenta y orgullosa por formar parte de la Fundación Paraguaya, se siente incentivada con ganas de continuar trabajando y progresar aún más.
Solicita el crédito para la compra de insumos para poder seguir haciendo los comestibles que vende, como ser carne, condimentos, verduras, discos de empanada, harina y demás. 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