Kuña Guapa Group
Sra. Nidia is a member of the communal bank. She tells us that she is a confectioner. She is 41 years old, has 2 children and is married to Sr. Felix, who is a construction contractor. She also tells us that it is a good job which has helped her to give her family everything they need and helped her husband with the daily expenses.
Sra. Nidia is requesting the loan to purchase flour, yeast, eggs etc. With these items, she will be able to keep working and generating the income she needs to keep working.
La Sra Nidia integrante del comite, nos comenta que es Repostera, tiene 41 años,tiene 2 hijos, esta casada con el Sr Felix quien es constructor de obras. Ella nos comenta que es un trabajo muy bueno, que le ha ayudado a darle a su familia todo lo que ellos necesitan, tambien a ayudar a su marido con los gastos del dia a día.
La Sra Nidia solicita el crédito para la compra de harina, levadura, huevo, etc. Con lo cual podrá seguir trabajando y generando los ingresos necesarios para seguir trabajando.
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