La Esperanza Group
Sra. Marina raises and sells pigs. She has been in this business for a long time. Even though she had to work extremely hard in the beginning, Marina was able to gain customers over time and develop a good reputation in her business. This has helped her overcome the competition. She is requesting a loan to buy balanced feed and medicines for her pigs. Marina wants to attract more customers, so she needs to maintain the level of quality in her products.
La sra. Marina se dedica a la cria y venta de cerdos, es un negocio que adoptó desde hace mucho tiempo, pues a pesar de que al principio le costó mucho trabajo, con el tiempo fue ganando clientes y buena reputación en el negocio, lo cual le ayudó a superarse dentro de la competencia.
Ella solicita el préstamo para poder comprar balanceados y medicamentos para cerdos, pues quiere ganar mayor cantidad de clientes y necesita mantener el nivel de calidad de sus productos.
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