Virgen De Lourdes 1 Group
All of the women in this group raise and sell farm animals such as chickens, pigs, sheep and other animals. All of the women are very hard-working and are enthusiastic to get ahead and to help each other.
Emilce is one of the members. She is seeking a loan so that she can buy nutritious food for her animals and by doing this, she will be able to get ahead and help her family.
Todas las mujeres de este comité se dedican a la cría y venta de animales de corral, como ser gallinas, cerdos, ovejas y demás. Todas ellas son mujeres muy trabajadoras y con mucho entusiasmo por salir adelante y ayudarse las unas a las otras.
Emilce es una de las miembros, ella solicita el crédito para la compra de balanceados para sus animales, y de esa forma poder seguir saliendo adelante 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