Kuña Kyrey San Juan Group
Dora sells bread, washes clothing and cleans houses. She tells us that thanks to the support of the group she has been able to improve her work and lifestyle.
She is requesting a loan to buy bakery products, soap powders and other supplies. She is grateful for the help the group is receiving, as each member is improving greatly.
Además del trabajo independiente de cada una, también hacen trabajos juntas y así se ayudan las unas a las otras.
La Sra. Dora se dedica a la venta de pan, lavado de ropa y limpieza de casas, nos cuenta que gracias al apoyo de su comité pudo mejorar su trabajo y su nivel de vida.
Ella pide el crédito para la compra de panificados y también de jabones en polvo y demás insumos. Ellas agradecen por la ayuda que están recibiendo, pues cada una está mejorando mucho.
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