Kuña Rory Group
Señora Gloria is one of the members who does her very best to be able to give her family a better future. She is a retailer. She has a convenience store in her home and invests her earnings in her business. She is very happy to be part of the Committees of Entrepreneurial Women program. She says that her business is very profitable since she notices the progress thanks to the benefit and opportunity to access loans through the Fundación Paraguaya.
She is applying for the loan to be able to buy foods, beverages, and other items, with which she will stock her business.
La Sra. Gloria es una de las integrantes que se esmera muchísimo para poder dar a su familia un mejor futuro. Ella es comerciante, tiene una despensa en su casa e invierte su sus ganancias en su negocio. Ella está muy contenta por formar parte del programa de Comités de Mujeres Emprendedoras, dice que su actividad es muy provechosa ya que nota el progreso gracias al beneficio y oportunidad de la acceder a los créditos mediante la Fundación Paraguaya.
Ella solicita el crédito para poder abastecer su negocio con comestibles, bebidas, y demás insumos, con los cuales podrá abastecer su negocio.
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