Primero De Marzo Group
One of the members, Carmen, raises and sells animals. She says that thanks to her job she has been able to help her family and give them everything that they need to improve their living conditions. Her goal is to have more animals so that she can keep helping her family.
She asks for a loan to buy balanced feed for her animals so that she'll have it in stock and won't run out. She is grateful for the opportunity that she's getting because it will help her a lot.
Carmen es una de las miembros, ella se dedica a la cría y venta de animales, y comenta que gracias a este trabajo ella ha podido ayudar a su familia y darles todo aquello que ellos necesitan para poder mejorar sus condiciones de vida. Su meta es poder tener una mayor cantidad de animales, y de esa forma poder seguir ayudando a su familia.
Ella solicita el crédito para la compra de balanceados para sus animales y de esa forma poder tener en stock para que no le falte. Agradece por la oportunidad que está recibiendo pues 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