4 De Octubre Group
Mrs. Edita is the president of the group. She works selling milk, breeding chickens and other farm activities.
Through this credit she wants to increase her activity and improve her sales by investing in all those processes that would increase production and provide customers with better quality products.
Her desire is that all members have an activity and have an income for good payment of their account so that they are able to improve their quality of life.
La Sra. Edita es la presidenta del grupo, esta trabaja en venta de leche y cria de pollos y demás actividades de una granja.
A través de este crédito desea incrementar su actividad y mejorar su venta inviertiendo en todos aquellos procesos que podrian aumentar su produccion y otorgando a sus clientes productos de mejor calidad.
El deseo de ella es que todas las integrantes cuente con una actividad y tengan ingresos para el buen pago de sus cuentas y asi poder mejorar su calidad de vida.
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