Kuña Guapa Group
Laudelina is a member of this bank. She joined the group because she needed help that would allow her to earn more income to pay the various household expenses and her children's educational expenses.
She sells all types of food and is requesting this loan to buy supplies she needs to be able to get ahead and grow. She'll buy meat, condiments, vegetables, and other food.
She's grateful for the help she receives because it's going to be very useful to her.
La Sra. Laudelina es una integrante de éste comité , se unió al grupo por la necesidad de tener una ayuda que le permita generar mas ingresos, para solventar los diversos gastos del hogar, y también la educación de sus hijos. Ella vende comestibles de todo tipo y solicita de este crédito para la compra de los insumos que necesita para poder seguir adelante e ir creciendo, como ser carne, condimentos, verduras y demás, agradece por la ayuda que recibe, ya que le será muy útil.
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