Kuña Guapa Group
Gasparina is an example of this work. She has a grocery store in which she works from very early in the morning until very late at night. At first, her business was very small but she gradually worked hard to strengthen it and now it is quite busy.
Gasparina is requesting this loan so that she can stock her business and thereby continue providing her customers with good quality and variety. She would like to be able to buy greens, veg, meat and other basic household products so that she can offer them all to her customers.
All the members of this group are happy with the program and would like to continue growing with it.
Gasparina es un ejemplo de trabajo, ella tiene una despensa, en la que trabaja desde muy temprano, hasta ya muy noche. Su negocio al principio fue muy pequeño, pero de a poco y gracias a su esfuerzo lo fue reforzando y hoy en día ya es bastante concurrido.
Solicita de este crédito para poder surtirlo, y así seguir dando calidad y variedad a sus clientes. Quiere poder comprar verduras, hortalizas, carnes y demás artículos de primera necesidad para ofrecer todo eso a sus clientes.
Todas las miembros de este grupo están contentas con el programa y quieren seguir creciendo con el.
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