La Esperanza Group
One of the members is María, who is a very nice and happy person. She has made a living raising and selling animals for a long time. She says that her work is very selfless but that she likes what she does because it's decent and respectable work. Her dream is to be able to have a farm where she could raise more animals and in this way keep growing.
She is requesting the loan to buy small chicken and small pigs to raise. She is thankful for the help she is receiving from the foundation and from Kiva.
Una de las miembros es la señora María, quien es un persona muy amable y alegre, ella se dedica a la cría y venta de animales, lo que hace desde hace mucho tiempo. Comenta que su trabajo es muy sacrificado, pero que le gusta lo que hace por que es un trabajo digno y decoroso. Su sueño es poder tener una granja donde poder criar mas animales y de esa forma seguir creciendo.
Ella solicita el crédito para la compra de pollitos y cerdos pequeños para la cría. agradece por la ayuda que esta recibiendo por parte de la fundación y de kiva.
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