8 De Diciembre Group
Maria is one of these hard-working women. She shares that she works raising and selling animals such as pigs, chickens, and ducks. She says her work requires a lot of sacrifice and is tiring, but she really enjoys what she does, and it is a dignified and honest job. Additionally, it is her family's main source of income.
She is asking for a loan to buy chicks and small ducks, and food for these birds. This loan will help her a lot. She is thankful to the foundation and Kiva for providing the opportunity to get ahead..
Maria es una de estas mujeres trabajadoras, ella comenta que se dedica a la cría y venta de animales, como ser de chanchos, gallinas y patos. Ella dice que su trabajo es muy sacrificado y cansador, pero que pese a ello le gusta mucho lo que hace, pues es un trabajo digno y honesto, además de eso es el sustento principal de su familia.
Ella solicita el crédito para la compra de pollitos y patos pequeños, además de alimentos para estos, lo cual será de mucha ayuda para ella. Agradece a la fundación y a kiva por la gran oportunidad de progreso 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