Kuña Guapa Group
One of the members is Sra. Maria. She sells food and the loan she is requesting will be invested in the purchase of ingredients for preparing the dishes she sells at her shop. This will enable her to continue improving, gaining prestige, and satisfying her customers.
The members form a close-knit group and have the full conviction that they can all work together and provide mutual support for one another.
Una de las integrantes la señora Maria, se dedica a la venta de comidas, el crédito que pide lo quiere invertir en la compra de los ingredientes para preparar las comidas que vende en un local que tiene para poder seguir mejorando y ganar prestigio y brindar satisfacción a sus clientes.
Las integrantes formaron un grupo bastante unido, con la plena convicción de trabajar todas juntas, apoyándose mutuamente.
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