Kuña Guapa is a group made up of 16 very hardworking women. Elisa is the member who started the group. She's 51 years old and a very active person who works for her family, the group, and her community. She does party supplies and general tailoring, and it's thanks to all this that she's getting ahead and helping her loved ones.
She's requesting the loan to buy fabric to be able to make garments that have been ordered.
She's grateful for the opportunity that she and her group are receiving because they'll be able to continue working.
Kuña guapa es el grupo formado por 16 señoras muy trabajadoras. La señora Elisa es la integrante que formo el grupo, ella tiene 51 años es una persona muy activa que trabaja para su familia, el grupo y por su comunidad; realiza trabajos de cotillón y costura en general y es gracias a todo esto que está saliendo adelante y ayuda a los suyos. Ella solicita el crédito para la compra de telas, con lo que podrá hacer las prendas que recibe como pedido.
Agradece por esta oportunidad que ella y su grupo están recibiendo, ya que podrán seguir trabajando.
About Fundación Paraguaya
Fundación 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.