Ñepyytyvora 2 Group
Bonifacia is one of the members of the group. She tells us that she makes a living raising and selling animals, such as pigs, chicken, ducks and others. She is a hard working woman and she mentions that she works every day from the very early hours of the morning until very late. She sacrifices herself every day in order to give her family all they need for their day to day living.
She is requesting this loan to buy balanced feed for her animals, with which she will be able to continue working and growing. She is very grateful for the help she and her friends are receiving.
Bonifacia es una de las miembro del grupo, quien nos cuenta que se dedica a la cría y venta de animales, como ser chanchos, gallinas, patos y demás. Ella es una persona muy trabajadora y comenta que todos los días trabaja desde muy tempranas horas de la mañana, y termina ya muy tarde. Ella se sacrifica todos los días por darle a su familia todo lo que necesitan para el día a día.
Ella solicita el crédito para la compra de balanceados para sus animales, con lo cual podrá seguir trabajando y creciendo. Está muy agradecida por la ayuda que ella y sus amigas están recibiendo.
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