Kuña Mbaapo Group
Blasida is very hardworking and a member of this group. She works selling a variety of footwear, and her business is doing well. She says the reason is that she is very good at sales. She is requesting this loan to buy a variety of footwear to sell, which will allow her to continue working to improve her income and help her family.
Blasida es una persona muy trabajadora e integra este grupo, ella se dedica a la venta de calzados variados, en lo cual le está yendo muy bien. Ella comenta que gracias a que es muy buena en las ventas que le está yendo muy bien.
Ella pide este préstamo para poder invertirlo en la compra de calzados varios para la venta, lo cual le permitirá seguir trabajando para mejorar sus ingresos y ayudar así 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