Kuña Guapa Group
One of these women is Lina who runs a modest but well-stocked store. She tells us that thanks to her work and dedication, her business is growing little by little which is how it has come to be as it is now. Her goal is to have a larger store and in this way to continue helping her family.
She is asking for this loan in order to buy sausages, meats, coal, drinks, etc. With this she can continue to work and thus be ever closer to her goal.
Una de estas mujeres es Lina, ella tiene una modesta despensa bien surtida. Ella nos comenta que gracias a su trabajo y dedicación fue creciendo de a poco y de esa forma esta como está ahora. Su meta es tener una despensa más amplia y seguir ayudando así a su familia.
Solicita el crédito para la compra de embutidos, carnes, carbón, bebidas, etc, con lo que podrá seguir trabajando y de esa forma estar cada vez mas cerca de su meta.
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