Cuenta Conmigo Group
The members formed a very tight group who together do activities that strengthen their partnership and help each other to get ahead.
Cristina, who sells second hand clothing, is part of this group. With her work she tries to get ahead and help her family.
She is a person who wants to get ahead and always tries hard.
She is asking for this loan in order to invest it in buying second hand clothing since this is going very well for her.
Cristina, quien se dedica a la venta de prendas usadas, es parte de este grupo, y con su trabajo trata de salir adelante y ayudar a su familia. Ella es una persona que quiere salir adelante y es por eso que siempre se esfuerza mucho. Esta solicitando de este crédito para poder invertirlo en la compra de prendas de segunda mano, ya que le está yendo muy bien.
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