Santa Ana Group
One of the members is Cristina who is group President. She raises animals like pigs and chickens. She comments that this type of work is very demanding because it requires much effort for she has to care for her animals insuring they have no problems. She does very well in her business so is asking the Fundación and Kiva for help to continue growing. She’s asking for the loan to buy piglets to raise and also to buy feed for them.
Una de las miembros es la señora Cristina, quien es la presidenta del grupo, ella se dedica a la cría de animales, como ser de cerdo y de gallinas. Comenta que este trabajo es muy sacrificado, ya qe implica mucho esfuerzo, pues debe de cuidar a sus animales y ver que no tengan ningún problema. le va muy bien en su negocio, por lo que solicita la ayuda de la fundación y de kiva para seguir creciendo.
Solicita el crédito para la compra de cerdos pequeños para la cría, como así también de alimentos para estos.
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