San Valentin Group
One of the members of this committee is María, who raises and sells animals. This has been the source of support for her family for some time. Through her business, she manages to provide her family with the minimum conditions for a decent life without hardship. She tells us that it is very hard work as it requires a lot of physical effort.
María is requesting this loan to buy animals which she will later sell. She will also buy feed for the animals.
Una de las miembros es la señora María, ella se dedica hace un tiempo a la cría y posterior venta de animales. Este ha sido el sustento de su familia por un tiempo, con el mismo logra darles las condiciones mínimas para una vida digna y sin privaciones. Comenta que es un trabajo muy duro y sacrificado, pues requiere mucho esfuerzo físico.
Ella solicita el crédito para la compra de animales pequeños para la posterior venta y como así también alimento para 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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