Perla is a group member. She raises animals like pigs and chicks. She comments that her work is very hard because she must always be watchful of her animals and care for them. Through this work she’s been able to help support her family day by day.
She’s asking for the loan to buy feed for the animals she raises so that she can have a good stock and not run out.
Perla es miembro de este grupo, ella se dedica a la cría de animales, como ser cerdos, y pollitos. Ella cuenta que su trabajo es muy duro, pues siempre debe de estar pendiente de sus animales y cuidarlos. Por medio de este trabajo ella ha podido ayudar y sostener a su familia día a día.
Ella solicita el crédito para la compra de alimentos para los animales que cría, de esa forma podrá tener un buen stock y no quedarse vacía.
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