Kuña Guapa Group
One of the members of the group is Cristina, who sells chipas (a traditional Paraguayan treat made from manioc flour). She says that she travels many kilometers a day to be able to sell her product, and that thanks to this work she gives her family a bit of what they need. She describes herself as a very hard-working person, who has many dreams she wants to fulfill.
She is requesting this loan in order to buy chipas, as that way she will be able to keep selling them and have the earnings to continue helping her family.
Una de las integrantes del grupo es la Sra. Cristina, quien se dedica a la venta de chipas (Alimento típico paraguayo hecho a base de almidón) y cuenta que recorre todos los días muchos kilómetros para poder vender su producto, y que gracias a este trabajo da a su familia un poco de lo que necesitan. Se define a si misma como una persona muy trabajadora, que tiene muchos sueños que quiere cumplir.
Solicita de este crédito para poder comprar chipas, ya que de esa forma podrá seguir vendiendo y teniendo las ganancias para seguir ayudando 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