Kuarahy Rese Group
Constancia, one of the members, has a small store where she sells everything such as soft drinks, sweets and other items. She works hard every day and says her goal is to have a large store some day so she can increase her income and help her family. She wants to grow as a person and as a small businesswoman.
She is requesting this loan to be able to continue keeping her store well-stocked since this is how she supports her family and gives them everything she can.
La Sra. Constancia, una de las miembros, tiene un pequeño copetín donde vende todo, como ser comestibles, bebidas, golosinas y demás. Ella se esfuerza día a día y cuenta que su sueño es poder tener un día un gran local donde pueda tener mejores ingresos para poder ayudar a su familia y crecer como persona y microempresaria.
Solicita de este crédito para poder invertirlo en la compra de bebidas, golosinas e insumos para poder seguir teniendo su copetín bien completo, ya que este es su medio de ayudar a su familia y de darles todo lo que puede.
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