Santa Lucia Group
Mirtha is one of the group members. She and Neri have been together for 14 years and they have two children. She raises cattle and pigs and also sells milk. She comments that she has a good clientele and thanks to this is able to help her husband with household expenses.
She’s asking for a loan to buy calves to raise and butcher. They thank the members for the opportunity they are receiving because it will be of great help to them.
La sra. Mirtha es una de las miembros,esta acompañada hace 14 años con el señor Neri con quien tiene dos hijos. Ella se dedica ala cria de ganado y cerdos , además tiene venta de leche. Comenta que tiene muy buena clientela, y es gracias a esto que puede ayudar a su marido con los gastos de la casa.
Ella solicita el crédito para poder comprar terneritos, y de esa forma criarlos y para poder faenarlos. Agradecen las miembros por la oportunidad que estan recibiendo, pues les será de gran 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