Maria Auxiliadora Group
An example of hard work is Teresa, who has been able to help her family get ahead by raising pigs. She says that through her work she has been able to continue growing, but that it has taken a lot of sacrifice and effort. In spite of that, however, it is going very well for her, since she has good customers. She would like to continue with her work so that she can keep helping her family. Because of this, she is asking for a loan to purchase young pigs to raise and then sell.
She and her friends are very happy with the support of the foundation and Kiva.
Un ejemplo D. lucha es la señora Teresa, quien por medio D. la cría D. cerdos ha podido sacar adelante a su familia. Comenta que con mucho sacrificio y esfuerzo ha logrado ir creciendo por medio D. su trabajo, pero que pese a ello le va muy bien, ya que tiene muy buena clientela. Ella quiere seguir con su trabajo, para que D. esa forma pueda seguir ayudando a su familia, es por ello que solicita el crédito para la compra D. cerdos pequeños para la cría y posterior venta.
Ella al igual que sus amigas está muy contentas con el apoyo D. la fundación y D. kiva.
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