Mujeres Dinámicas Group
One of the members is Gloria, who works raising chickens. She says it's a wonderful job and she loves it. Thanks to this she can get ahead in her projects, since this generates the necessary income for her. She would like to continue growing and one day have a place to sell her chickens.
She is requesting the loan so that she can continue to grow, since she wants to buy more chickens to raise and later sell. She is grateful for this opportunity that is being given to her, since it's very important for her and the other members.
Una de las miembros es la señora Gloria, quien trabaja en la cría de gallinas, comenta que es un trabajo muy lindo y que le encanta. Gracias a esto ella puede salir adelante en sus proyectos, pues esto le genera los ingresos necesarios. Le gustaría seguir creciendo y algún día tener un local donde vender sus pollos.
Ella solicita el crédito para que por medio de este pueda seguir creciendo, pues quiere comprar más gallinas para la cría y luego venderlas. Agradece por esta oportunidad que se le da, pues es muy importante para ella y las otras miembros.
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