Kuña Ñembyaty Mba´apora Group
Alfonza, one of the members, raises small animals such as pigs, chickens, ducks, etc. Thanks to her work she has been able to support her family and put food on the table every day.
She is requesting a loan to buy animal feed so she can continue to work and grow her business. Her goal is to have a larger farm with many animals.
Alfonza es una de las miembros y ella nos comenta que se dedica a la cría de varios animales de corral, como ser chanchos, gallinas, patos, etc. Es gracias a este trabajo que ha podido ayudar a su familia y darles el pan de cada día.
Ella solicita el crédito para la compra de alimentos para sus animales, con lo cual podrá seguir trabajando y creciendo. Su meta es poder tener una granja grande y tener muchos animales.
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