Kuña Arandu Group
Carolina, one of the members, makes a living from sewing clothing. She is a very hard worker and makes all types of clothing, which are of high quality and well liked by her customers. These days she has a lot of customers and is always very busy, which she is thankful for because she can help out her family.
She is requesting this loan in order to invest it by purchasing fabric, thread, glue and other supplies in order to continue sewing clothing and fulfilling her customer's orders.
There is an extra person in the photo as the group has 13 members, but this time the loan is only for 12 of them.
Carolina una de las miembros, se dedica a la confección de prendas, es una muy buena trabajadora, hace todo tipo de ropas, las cuales son de muy buena calidad y son muy gustadas por sus clientes. Hoy en día ya tiene mucha clientela y siempre está con mucho trabajo, lo cual agradece, ya que así puede ayudar a su familia.
Solicita de este crédito para poder invertirlo en la compra de telas, hilos, gomas y demás insumos para poder seguir haciendo sus prendas y cumplir con pedidos que tiene.
En la foto del grupo aparece una persona más, ya que el grupo tiene 13 miembros, pero esta vez retiran el crédito solo 12 de ellas.
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