Kuña Aty Group
One of the group's members is Lorens who tells us that some of the work she does includes buying and selling fish and cheese, selling bed sheets and selling staple goods. One characteristic that stands out in Lorens is the effort that she puts in to prosper and grow in order to help her family.
Lorens is applying for this loan in order to buy fish, cheese and staple goods, such as soap, sugar and flour. This loan will help Lorens to realise her business plan, which will allow her to improve her income.
Una de las integrantes es la Sra. Lorens quien comenta que entre el trabajo que ella hace es la compra y venta de pescado y queso, venta de sabana y artículos de primera necesidad. Lo que mas se destaca es el esfuerzo de esta señora por salir adelante y crecer, y poder ayudar a su familia.
La Sra. Lorens solicita de este crédito para la compra de pescados, quesos y productos de primera necesidad como ser Jabon, Azúcar,y Harina, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
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