Kuña Guapa Group
Marlene is a part of the group. She sells all kinds of food. She has a good clientele because her food is delicious and that makes her have good sales. She has done this for some time, and she likes it because it is honest and dignified work. She wants to keep doing it and that is why she has asked for a loan to buy materials for her foods, such as meat, disks to make empanadas, flour, condiments and more.
Marlene forma parte del grupo, ella vende comestibles de todo tipo, tiene muy buena clientela, ya que sus comidas son ricas y eso hace que tenga mucha venta. Hace un tiempo que se dedica a esto y le gusta mucho, pues es un trabajo digno y honesto. Quiere seguir haciéndolo, y es por eso que solicita el crédito, para la compra de insumos para sus comidas, como ser carne, discos de empanada, harina, huevo, condimentos y demás.
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