Ara Pyahu Group
Elva is one of the members and she defines herself as hardworking and a fighter who always sacrifices for her family because she wants to give them a dignified life that doesn't lack the necessities. She sells milk, starting very early in the morning so that her product is already on her customers' tables in time for breakfast.
She asks for a loan to buy milk in large quantities so that she can keep working and helping her family.
Elva es una de las miembros, y se define a si misma como una persona muy trabajadora y luchadora, que se sacrifica siempre por su familia, ya que quiere poder darles una vida digna y sin necesidades. Ella se dedica a la venta de leche, lo cual hace desde muy tempranas horas de la manana para que a la hora del desayuno ya este su producto en la mesa de sus clientes.
Ella solicita el crédito para la compra de leche en cantidad, para que de esa forma pueda seguir trabajando y ayudando a su familia.
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