Kuña Guapa Group
Maria sells chipa [small cheese-flavoured rolls], a very popular traditional Paraguayan food. She sells her products on the street and says that it is going very well, but that she dreams of someday having her own storefront in order to expand.
She is requesting this loan for the purchase of chipa in order to stock up and keep working as she always has.
Maria es vendedora de chipa, que es un alimento típico paraguayo muy consumido. Ella vende su producto de forma ambulante y dice que le va muy bien, pero que el día de mañana sueña con poder tener un local propio y así poder seguir creciendo.
Solicita el crédito para la compra de chipa, para poder surtirse y seguir trabajando, así lo como lo ha venido haciendo siempre.
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