La Alegria Group
All the members cultivate agricultural products.
The members formed a very united group, one capable of accomplishing activities together that strengthen this committee. They are already in their seventh loan cycle.
Ms. Priscila, for example, harvests and plants her small farm, and now that planting time is coming closer, she needs labor to plow the land. She is requesting the loan to be able to pay for this labor so she can work on her farm again.
Todas las integrantes desarrollan el plantado D. productos agrícolas.
Las integrantes formaron un grupo muy unido y capaz D. realizar conjuntamente actividades que fortalecen este comité, ya están en su 7mo ciclo.
La sra. Priscila por ejemplo se dedica a cosechar y sembrar su pequeña chacra, y como ahora se aproxima la época D. siembra necesita mano D. obra para el arado D. sus tierras, por eso solicita el crédito, para poder pagar esta clase D. servicios a fin D. poder trabajar nuevamente en su huerta.
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