Kuña Katupyry Group
One of the members is Mrs. Bernarda, she sells second hand shoes. Since life today is very difficult and many people don’t have money to buy new shoes, Mrs. Bernarda was inspired and started her business. She is getting ahead since she has a good customer base.
Mrs. Bernarda wants this loan to buy more shoes to sell them and to keep giving her customers what they want.
Una de estas mujeres es la Sra. Bernarda, quien vende calzados de segunda mano. Ya que hoy en día la vida es muy difícil, y muchas personas no tienen el dinero para poder comprarse zapatos nuevos, es por eso que se inspira y se dedica a este negocio. Está saliendo adelante ya que tiene buena clientela.
Solicita de este crédito para poder comprar más calzados para poder venderlos y así seguir dando a su clientela lo que piden.
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