Kuña Guapa Group
Señora Daniela is a seamstress who makes all styles of dresses, from formal gowns to casual wear. Her reputation for high-quality work has allowed her to earn more income and provide for her family. Señora Daniela is now applying for a loan in order to purchase fabric and thread, as she has several orders and wants to continue satisfying her customers.
La Sra. Daniela es costurera, hace todo tipo de confecciones, ya sea de prendas como de otro tipo, es muy conocida por el trabajo que hace, y gracias a sus buenas confecciones esta saliendo adelante y tiene los ingresos para ayudar a su familia. Solicita hoy de ese crédito para poder invertirlo en la compra de telas e hilos, ya que tiene varios pedidos y quiere poder cumplir con sus clientes como lo viene haciendo.
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