Kuña Guapa Group
Serafina is divorced and has a son. She manufactures sheets and pillowcases that allows her to support her son and alleviate costs that arise day to day. She comments that all the sacrifice she makes is for her son because she wants to give him all the best so that he should not have to go through any privations. She’s asking for the loan to buy fabric, thread, elastic and other supplies that will be of much help in her workshop.
La Sra Serafina, es divorciada, tiene un hijo. Ella se dedica a la confección de sabanas y fundas, mediante en cual puede mantener a su hijo y paliar los gastos que surgen el día a día. Comenta que todo el sacrificio que hace es por hijo, pues quiere darle todo lo mejor para que no tenga que pasar por privaciones.
Ella solicita el crédito para la compra de telas, hilos, gomas y demás insumos, los cuales le será de mucha ayuda en su taller.
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