Kuña Katupyry Group
Fredesvinda is part of the group, and she comments that by selling all types of clothing she's helping her family and they're getting ahead. She says that thanks to the kind relationship she has with her customers she's gaining more ground and this way she'll get more customers.
Fredesvinda is requesting the loan to buy all types of garments, especially for summer, because the heat is coming and she wants to be able to stock up.
Fredesvinda forma parte del grupo, y comenta que por medio de la venta de prendas de todo tipo ella está ayudando a su familia y están saliendo adelante. Cuenta que gracias a la amabilidad que tiene con sus clientes esta ganado más terreno y así gana a muchos más.
Fredesvinda solicita el crédito para la compra de prendas de todo tipo, en especial de verano, ya que se acerca el calor y quiere poder surtirse.
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