Costa Pucu Group
Sra. Pablina is part of this group and serves as its president. She notes that she always tries to encourage other members of the group and help them get ahead. She, herself, earns a living by making and selling “chipas,” (traditional Paraguayan food). Her business enables her to help her family and to get ahead.
She is requesting this loan to purchase corn flour, cheese, condiments and other ingredients so that she can continue to work and to serve her customers
La Sra. Pablina es parte de este grupo, ella es la presidenta de este grupo, y comenta que siempre trata de ayudar a sus compañeras del grupo a salir adelante y que no se desanimen. Ella por su parte se dedica a la venta y elaboración de chipas (alimento típico paraguayo), y con ello ayuda a su familia y está saliendo adelante.
Ella solicita de este crédito para la compra de harina de maíz, queso, condimentos, y demás con lo que podrá seguir trabajando y cumpliendo con sus clientes.
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