Mujeres Unidas Group
Aurora is the president of the group. She raises and sells chickens and pigs. She wants her group to become strong so that together they can keep working for their own well-being. She tells us that her work goes well because she has fixed clientele that buy the animals that she raises.
In view of continuing her work, she asks for a loan to buy balanced feed for her animals, which will be very helpful.
La sra. Aurora es la Presidenta del grupo, ella Trabaja en la cría y venta de pollos y cerdos. Su deseo es que su grupo se fortalezca y que juntas puedan seguir trabajando por el bienestar del mismo. En cuanto a su trabajo nos dice que le va bien, ya que tiene clientes fijos que compran de ella los animales que cría.
En miras a seguir trabajando solicita el crédito, para que pueda comprar balanceados para sus animales, lo cual le será de mucha ayuda.
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