Gricelda is a very hard-working lady who raises animals. She owns a reduced group of animals and she dreams of some day owning a farm with a lot of animals.
Gricelda is requesting this loan to buy more animals to raise as well as feed for them. She has her hopes placed in this loan as it will be a great help for the projects that she plans to undertake.
Doña Gricelda, es una señora muy trabajadora que se encarga de la cría de animales, posee un grupo reducido de ellos y sueña con algún día tener una granja con muchos animales.
Solicita el crédito para la compra de mas crías de animales, ademas de los alimentos que estos consumirán. tiene las esperanzas puestas en el crédito ya que le sera de gran ayuda frente a los proyectos que ella pretende emprender.
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