Kuña Rory 2 Group
One of the members of the group is Lidia, who has a small grocery store. She is married to Carlos, who also works in the store to help her. They have two children, who are a pillar for both of them. They fight tirelessly to give their children everything that they could not have themselves.
Lidia says that she has applied for this loan to buy vegetables, meat, drinks, fruit, herbs, rice, noodles, and other items so that she can stock her business well and continue offering a good variety of products to her clients.
Una de las integrantes del grupo es la Sra. Lidia tiene una pequeña despensa, está casada con el señor Carlos que trabaja de también en la despensa ayudándola, tienen 2 hijos, quienes son el pilar de ambos y por quienes luchan incansablemente para darles todo lo que ellos no pudieron tener.
Cuenta la Sra. Lidia que solicita el crédito para la compra de verduras, carnes, bebidas, frutas, yerba, arroz, fideos, y demás y de esa forma tener bien surtido su negocio y seguir dando a su clientela buena variedad.
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