Kuña Guapa Group
Luciana, one of the members, is a merchant, who sells basic household goods to support her family. She works because she realizes that this is the only way to grow and make something of life. She has applied for a loan to buy supplies such as vegetables, meats, and fruits so that she can keep selling and striving for her relatives. There are more people in the photo, as some members are not asking for money this cycle but are part of the communal bank.
Luciana es una de las integrantes del grupo, se dedica al comercio, ya que vende productos de primera necesidad, y con eso ayuda a su familia. Ella es una persona que trabaja, ya que sabe que es la única forma de poder crecer y ser alguien en la vida.
La Sra. Solicita de este crédito para la compra de insumos para la venta, como ser verduras, carnes, frutas y demás para poder seguir con sus ventas y luchando por sus familiares. En la foto aparecen mas personas, ya que no todas las miembros retiran crédito en este ciclo, pero si forman parte del grupo.
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