Maria De Los Angeles Group
Clemencia is one of the members of the group, and she tells us that she dedicates herself to raising animals such as pigs and chickens. She notes that it is hard work that takes up all of her time, as she must tend to her animals on a continuous basis.
She requests this loan for the purchase of feed for the animals she raises. She is thankful to the foundation and to Kiva for the help she is receiving.
Clemencia es una de las miembros del grupo, y cuenta que se dedica a la cría de animales, como ser chanchos y gallinas. Comenta que es un trabajo muy sacrificado, pues es de tiempo completo, pues debe de estar pendiente de sus animales todo el tiempo.
Ella solicita el crédito para la compra de balanceados con lo cual podrá alimentar a los animales que cría. Ella agradece a la fundación y a kiva por la ayuda que está 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