Kuña Aty Group
Leonarda is part of this group and she works selling all kinds of beverages whether they be wine, sodas, beer, etc. She tells us that she has very good customers since she always has good prices and good quality.
Leonarda is requesting the loan to buy beverages in general, to be able to continue working and in this way support her family.
Leonarda forma parte del grupo, ella se dedica a la venta de bebidas de todo tipo, como ser vinos, gaseosas, cervezas, etc. Cuenta que tiene muy buena clientela, ya que siempre tiene buen precio y buena calidad.
Leonarda solicita el crédito para la compra de bebidas en general, para poder seguir trabajando y de esa forma mantener a su familia.
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