Mujeres En Progreso Group
The committee's president is Lourdes who lives with her husband and children. She raises and sells chickens. She has been in this business for some time and so her neighbors know her for the quality of her animals. Through this work, she has increased her income and is thereby gradually enjoying a better quality of life.
Lourdes is requesting this loan to buy more animals so that she can increase the size of her small farm.
La presidenta del comité es la señora Lourdes, ella vive con su marido e hijos, trabaja en la cría y venta de pollos. Ella hace un tiempo que se dedica a esto, por lo que los vecinos del barrio la conocen por la calidad de sus animales. Ella por medio de este trabajo ha aumentando sus ingresos y así va logrando gradualmente una mejor calidad de vida.
La Sra. solicita el credito para la compra de mas animales con lo cual podrá aumentar aumentar el tamaño de su pequeña granja.
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