Kuña Joaju Group
Señora Dila has a grocery store, and says that through her business she helps her family and has enough to be able to give them everything they need. She is very selfless and says that everything she has is due to her sacrifice. She is asking for this loan to buy food and drink for her business.
La Sra. Dila tiene una despensa, y comenta que por medio de su negocio ayuda a su familia y tiene para poder darles todo lo que necesitan. Ella es muy sacrificada y cuenta que todo lo que tiene ha sido por medio de su sacrificio. Solicita de este crédito para la compra de bebidas y comestibles para su negocio.
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