Kuña Kyre'y Group
Delia raises animals and tells us that she has been involved in this activity for a long time. She raises hens, sows, ducks, sheep, and other types of animals. She tells us that her dream is to have a farm where she can raise all types of animals for later sale. She is requesting the loan to purchase balanced feed for the animals, which will be a great help. She is grateful to the foundation and Kiva for the support they are providing.
Delia cría animales, y nos comenta que hace esto desde hace ya mucho tiempo. Cría gallinas, chanchos, patos, ovejas y demás tipos de animales, y nos dice que su sueño es poder tener una gran granja donde poder tener todo tipo de animales, los cuales podrá criar y luego vender.
Ella solicita el crédito para la compra de balanceados para los animales, lo cual le será de mucha ayuda. Agradece a la fundación y a kiva por la gran ayuda que le están dando.
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