San Francisco De Asis Group
One of the women in the group is Mirtha, who works raising animals such as pigs. She tells us that her work requires a great deal of sacrifice, as she always has to look out for her animals and make sure they have everything they need. Despite this, she enjoys what she does because it is a decent job.
She is requesting this loan for the purchase of piglets to raise and later sell. She is grateful to Fundación Paraguaya and Kiva for the opportunity provided to her.
Una de esas mujeres es la señora Mirtha, quien se dedica a la cría de animales, como ser cerdos, ella nos cuenta que su trabajo es muy sacrificado, puesto que tiene que estar pendiente de sus animales y velar por que no les falta nada, pero a pesar de eso le gusta lo que hace por que es un trabajo digno.
Ella solicita el crédito para la compra de lechones para la cría y posterior venta. Agradece a la fundación y a kiva por la oportunidad que le da.
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