Kuña Guapa Group
Through their co-operation, the group has grown a lot and gives them many opportunities.
Fidelina, one of the members makes all kinds of cake for various events. She has a good customer base, as her cakes are a delight for her customers and she always has plenty of orders. She comments that she has always earned good money from her cakes and that, thanks to this, it is going well and she wants to be able to continue working, which is why she is asking for this loan.
She wants to invest it by buying flour, eggs, butter, sweets, cream and other ingredients to continue delighting her customers with her delicious products.
Fidelina, una de las miembros, se dedica a hacer todo tipo de tortas y para todos los eventos. Se ha hecho de muy buena clientela, ya que sus tortas son una delicia para sus clientes y siempre le hacen bastantes pedidos. Ella comenta que siempre tuvo buena pasta para los pasteles y que gracias a esto le esta yendo muy bien, y quiere poder seguir con su trabajo, es por eso que solicita de este crédito.
Quiere invertirlo en la compra de harina, huevos, manteca, dulces, chantilly y demás insumos para seguir deleitando a sus clientes con sus riquísimos productos.
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