The committee “Katupyry” was formed with the union of several neighbors of the city of Santani. All the members in the committee perform independent activities, but they also work together to help each other. Carolina is married and has children, she works in laundry services. She washes all types of clothing, neighbors' and people's that live in nearby zones that come to her and bring her work. Carolina requests the loan to buy soaps, fabric softener and other items.
El comité “Katupyry” se formó con la unión de varias vecinas de la ciudad de Santaní. Todas las integrantes del comité desarrollan actividades independientes, pero también trabajan juntas para poder ayudarse.
La señora Carolina, está casada y tiene hijos, se dedica a la lavandería. Lava todo tipo de prendas, de sus vecinos y personas de zonas aledañas que siempre se acercan a ella para poder traerles trabajo.
Carolina solicita de este crédito para poder comprar jabones, suavizantes para ropas y demás.
About Fundación Paraguaya
Fundación 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.