Mujeres Unidas Group
Raquelina is the president of the group and she comments that the group is excellent and they work together along with each individual's work. Raquelina, for example, raises animals, and with much effort is doing very well.
She is requesting the loan to buy small pigs and chickens to raise since she wants to increase the amount of animals she owns. She and her group are thankful for the help they are receiving since not just anyone would bet on their success since they are such humble women.
Raquelina es la presidenta del grupo, y comenta que su grupo es excelente, todas ellas se ayudan y trabajan juntas en todo tipo de actividades a parte de lo que cada una hace. Raquelina por ejemplo cría animales, y con mucho esfuerzo está logrando salir adelante.
Solicita el crédito para poder comprar cerdos pequeños y pollitos para la cría, ya que quiere ir aumentando su cantidad de animales. Ella y su grupo agradecen por la ayuda que están recibiendo, ya que no cualquiera apostaría en ellas ya que son mujeres humildes.
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