Kuña Guapa Group
One of the group members is Florinda, who runs her own Kiosk. She has three children and is married to Roberto who works in a business. They all live in their home in the city of Encarnación.
Florinda tells us that her products are selling well and that she always keeps her business well-stocked, so it is going well. She is asking for this loan to buy sweets, snacks, drinks and other products to be able to continue stocking her business.
Una de las integrantes del grupo es la Sra Florinda ella tiene su propio Kiosko , tienen 3 hijos está casada con el señor Roberto que trabaja en una empresa, todos viven en su casa de la ciudad de Encarnación.
Florinda cuenta que tiene muy buena venta y que siempre tiene muy bien surtido su negocio y que por eso le va bien, solicita de este crédito para comprar golosinas, comestibles, bebidas y demás insumos para poder seguir surtiendo su negocio.
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