Kuña Guapa Group
Iluminada is part of this group. She owns a very well-known eatery with a very good clientele and thanks to this she’s getting ahead. She’s a person who very much wants to get ahead and help her loved ones. She relates that she started out with very little but in time her work has been growing.
She requests the loan to buy meat, vegetables and other products to continue preparing the dishes she sells to her customers in her eatery.
Iluminada es parte del grupo, ella tiene un comedor muy conocido, donde tiene muy buena clientela y es gracias a eso que está saliendo adelante. Ella es una persona con ganas de salir adelante y ayudar a los suyos. Cuenta que empezó con muy poco, pero que luego con su trabajo fue creciendo.
Solicita el crédito para la compra de carnes, legumbres, verduras y demás productos para poder seguir haciendo los alimentos que ofrece a sus clientes en el comedor.
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