Kuña Joaju Group
Irene is one of the members. She raises animals such as chickens and pigs. She remarks that her work is very hard, since it requires a lot of physical and mental effort. She has to be on call 24 hours a day so nothing will happen to her animals. Her goal is to keep working and thus keep being able to help her family.
She is asking for the loan to buy small pigs and feed for them and the other animals she has. She is grateful to the Foundation and to Kiva for the opportunity she is receiving, as many of them wouldn't have received these opportunities in other institutions.
Irene es una de las miembros, ella se dedica a la cría de animales, como ser pollos y chanchos. Comenta que es un trabajo muy sacrificado, ya que requiere de mucho esfuerzo, no solo físico, sino también mental. Debe de estar pendiente las 24 hs. De los animales que tiene para que no les pase nada. Su meta es poder seguir trabajando y con eso poder seguir ayudando a su familia.
Ella solicita el crédito para la compra de cerdos pequeños y alimentos para estos y los demás animales que tiene. Agradece a la fundación y a kiva por la oportunidad que están recibiendo, pues muchas de ellas en otras instituciones jamás la habrían recibido.
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