Maria Auxiliadora Group
Once she had been advised about how the program works, she got together 16 women who are now working very happily together on their 12th loan cycle as a united and supportive group within the program. Over the course of all these loan cycles they have faced a number of problems with some of their fellow members and had some difficulties meeting their repayments but, thanks to the new payment method which the program now offers, they have managed to overcome their difficulties and are showing an excellent repayment performance.
The members of the group are grateful for the support of the loans they have received from this program which have enabled them to succeed in each one of their business activities. They have showed once again that women are essential pillars within the family and that they can better themselves every day.
María is a very enterprising woman and she would like to continue raising and selling chickens. The work really suits her as it generates a good income and she obtains good profits weekly.
She is requesting this loan to buy, amongst other things, water troughs and balanced feed for her animals.
Una vez asesorada acerca del Programa logró juntar a 16 mujeres quienes se encuentran trabajando muy a gusto ya en el 12º ciclo, en forma conjunta y solidaria dentro del programa. Durante todo el transcurso de estos ciclos han tenido algunos inconvenientes con algunas compañeras y tuvieron algunos problemas de pago, que gracias a la nueva modalidad de pago que ofrece el programa han superado los inconvenientes y están demostrando un excelente cumplimiento de pago.
Las mismas gracias al apoyo crediticio recibido con este programa han logrado sobresalir en cada una de sus actividades, han demostrado una vez más que las mujeres son pilares esenciales dentro de una familia y que las mismas también pueden superarse cada día más.
La señora Maria es una mujer muy emprendedora y quiere continuar con la cría y venta de gallinas.
A ella le conviene mucho esta actividad ya que le genera buena ganancia y semanalmente obtiene buenos ingresos.
Solicita el préstamo para la compra de bebederos, balanceados para alimentos de los animales y otros.
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