Kuña Guapa Group
One of the members is Maria, a decorator for events. She says she make all kinds of decorations for events and that this is how she helps her family and obtains the means to cover her day to day expenses. She is quite a hardworking person and also an active participant in trainings. Maria requests this loan in order to buy fabric and other decorative items so she can continue offering a good service to her clients. She is thankful to have this opportunity to continue growing and improving her life.
Una de ellas es la Sra. Maria, quien es decoradora de eventos, comenta que hace todo tipo de decoraciones para eventos, y que esta es la forma en la que ayuda a su familia y logra obtener los medios para cubrir los gastos del día a día. Es una persona bastante trabajadora, que también participa de manera activa en las capacitaciones.
La Sra. Pide este préstamo para poder invertirlo en la compra de telas y otros artículos decorativos, para que así siga ofreciendo un buen servicio a sus clientes. Agradece por la oportunidad que está recibiendo de seguir creciendo y mejorando su vida.
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