Ruta 6 Group
Silvia is one of the group members. She has two children and keeps company with Mr. Benito. She tells us that for many years, she has made a living raising chickens. Silvia says that through this work she is able to help her husband with the day to day expenses and at the same time give her children what they need.
Silvia requests this loan in order to buy balanced feed and consumables so that she can sell her products to her clients. She is very grateful, since thanks to the support of the foundation, her business has greatly improved.
Una de las integrantes del grupo es la Sra. Silvia, tiene 2 hijos está acompañada con el Sr. Benito y ella nos comenta que se dedica hace varios años a la cría de pollos. Cuenta la Sra. Silvia que por medio de este trabajo puede ayudar a su marido con los gastos del día a día y a la vez darle a sus hijos lo que necesitan.
Silvia solicita el crédito para la compra de balanceados e insumos así vender sus productos a sus clientes. Ella se encuentra muy agradecida ya que gracias a que gracias a la ayuda de la fundación su negocio mejoro mucho.
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