Kuña Pora Belen Group
Reinalda is a street vendor, and through her selfless work she is raising her family. She defines herself as a very hard-working person who does not fear challenges and dares to do anything to help her family. She is applying for this loan to buy items to resell and thus continue improving her life and that of her family.
Reinalda es vendedora ambulante y por medio de su sacrificado trabajo saca adelante a su familia. Ella se define a si misma como una persona muy trabajadora, que no teme a los desafío y que se anima a hacer cualquier cosa para ayudar a los suyos.
Solicita de este crédito para la compra de insumos para revenderlos y así seguir mejorando su vida y la de 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