Kuña Katupyry Group
The Kuña Katupyry committee are very happy to be receiving financial support from Fundación Paraguaya. The company has put their trust in them and given them the opportunity to improve their quality of life through their work and their membership of the group.
Norma, one of the group's members, raises animals for a living. She feeds them and ensures they are in good health so that she can then sell them and make money for her family. She is requesting this loan to buy nutritionally-balanced feed with which to fatten her animals.
El comité Kuña Katupyry, quedo muy conforme por el respaldo económico otorgado de la Fundación Paraguaya por ser la empresa que ha depositado en ellas la confianza y le dio la oportunidad de mejorar la calidad de vida a través del trabajo y la integración grupal.
Norma, una de las integrantes del grupo, se dedica a la cría de animales, los alimenta y los cuida en su salud para luego poderlos vender y así generar mayores ingresos económicos a su canasta familiar.
Solicita el crédito para la compra de alimentos balanceados para engorde de animales.
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