Kuña Aty Group
One of the group members is Rosalina, she has her own store, is single and has four children. Rosalina tells us that a lot of her effort is to support her children as she does not receive help from anyone. She is a person who, despite many setbacks, has managed to get by.
She is asking for this loan to be able to invest it in stock for her store like vegetables, meat and other products so she can continue running a well-stocked business.
Una de las integrantes del grupo es la Sra. Rosalina, ella tiene su propia despensa, es soltera, tiene 4 hijos. Cuenta la Sra. Rosalina que con mucho esfuerzo está sacando adelante a sus hijos, ya que ella no recibe ayuda de nadie, es una persona que pese a muchos contratiempos ha podido salir adelante.
Solicita de este crédito para poder invertirlo en la compra de insumos para su despensa, como ser verduras, hortalizas, carne y demás insumos para poder seguir teniendo su negocio bien surtido.
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