Mrs. Vilia is married, and lives with her husband and their children. She works at raising and later, selling pigs and chickens. With the work, she helps pay household expenses, aiding her husband in this way, so that the burden will be shared. Vilia wishes some day to have a farm where she can accommodate her livestock and in this manner, expand her business.
Vilia is requesting a loan to buy pigs and chickens, so she can have more animals, and generate more income with their sale.
La señora Vilia está casada, vive con su marido y sus hijos, ella trabaja en la cría y posterior venta de cerdos y pollos, por medio de este trabajo ella ayuda en los gastos de la casa a su marido, para que esa forma el gasto sea compartido. Ella desea, algún día, poder tener una granja donde pueda albergar a más animales y de esa forma ampliar su negocio.
Ella solicita el crédito para la compra de cerdos y pollos, con esto podrá tener más animales, lo cual le ayudará a generar más ingresos con la venta de los mismos.
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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