Thanks to financing they have been able to increase their household income since most of them have school aged children.
They want to continue to work as a committee and daily grow more closely together and responsibly to improve their own and their families’ quality of life.
Marina is one of the group members. She is a super-active, hard working person. She raises pigs and chickens but she also wants to go into clothing sales now. To do so, she is asking for funding to buy t-shirts, shirts, pants and others.
She very much hopes that this activity will yield good results because it will be very useful for her family. She is grateful to all the people that fund the loan they receive.
Desean seguir trabajando en comité y crecer cada día mas unidas y en forma responsable para mejorar su calidad e vida y la de su familia.
La señora Marina es una de las integrantes quien es una persona súper activa y trabajadora, ella ya cuenta con la actividad que se refiere a la cría de animales como de cerdo y aves, y actualmente también quiere dedicarse a la venta de ropas, para ello solicita el préstamo para la compra de remera, camisa, pantalones y otros.
Ella desea mucho que esta actividad le resulte bien ya que le será muy útil para su familia y agradece a todas las personas que hacen posible el crédito que ellas reciben.
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