Kuña Guapa 1 Group
One of the members is Francisca, who sells "Asaditos" [barbecued meat]. It is hard work and she does it to help her family. Her goal is to grow and keep improving her business and to be able to help her family every day with better income.
Francisca is asking for this loan to buy meat, condiments, barbecue skewers and other items, so she can carry on working and striving for progress. She is grateful for this opportunity which she is being given.
Una de ellas es la Sra. Francisca, quien se dedica a la venta de Asaditos (churrazcos), es un trabajo muy sacrificado y ella lo hace por poder ayudar a su familia. Su meta es poder crecer e ir mejorando en su trabajo y cada día poder ayudar con mejores ingresos para su familia. Ella solicita de este crédito para poder invertirlo en la compra de carne, condimentos, palillos para broches, y demás, y de esa forma poder seguir trabajando y luchando. Agradece por esta oportunidad que esta recibiendo.
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