Santa Luisa Group
Patricia is a member of the group and she tells us that she makes a living raising and selling animals such as pigs and chickens. She mentions that her work is very self sacrificing as she must always keep an eye on the animals and make sure they don't need anything. Her goal is to be able to have a greater variety of animals and in this way continue helping her family with the household expenses.
She came to the Fundación and to Kiva to buy pigs, which she will raise and later sell. She is grateful to the Fundación and to Kiva for this opportunity they are giving her.
Patricia es miembro del grupo y cuenta que se dedica a la cría y venta de animales, como ser cerdos y gallinas, comenta que es un trabajo muy sacrificado, pues siempre debe de estar pendiente de los animales para que no les falte nada. Su mea es poder tener una gran variedad de animales y de esa forma poder seguir ayudando a su familia con los gastos de la casa.
Ella acude a la fundación y a kiva para la compra de cerdos, los cuales va a cría y luego vender. Agradece a la fundación y a kiva por la oportunidad que le están dando.
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