Kuña Guapa Group
Smilce is one of the members. She devotes herself exclusively to selling at her store. She says that she invests a lot in order to grow her business. She does this in order to manage greater production, thanks to the day to day sales that she generates. She is aware that the work and effort that she is making needs to be constant in order to manage the progress that she yearns to achieve. With this progress she will be able to give her family better well-being.
Smilce is requesting this loan to buy supplies for her store. She will buy things like drinks, baked goods, dairy products, vegetables, fruit, and others. This will help her firm up her plan for her business and improve her income.
Una de las integrantes es la Sra. Smilce, que se dedica exclusivamente a las ventas en su despensa, ella cuenta que invierte mucho para el crecimiento de su negocio a fin de lograr mayor producción gracias a las ventas que le genera día a día. Es consciente de que este trabajo y esfuerzo que está haciendo debe ser constante para lograr el progreso que anhela alcanzar, ya que con ello podrá dar un mejor bienestar a su familia.
La Sra. Smilce solicita de este préstamo para la compra de sus insumos para la despensa, como ser bebidas, panificados, lácteos, verduras, frutas y demás, lo que le ayudará a concretar su plan de negocio, y a mejorar sus ingresos.
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