Mujeres Trabajadoras Group
One of the members, Lucina, raises animals. She puts a lot of care and effort into her work, because not only does she care for the animals but she also feeds them, bathes them, provides them with sufficient space, etc. With this business, she manages to support herself and her family.
She will use this loan to re-invest in her business. She will obtain a greater variety of animals to raise and later sell, this way generating more income.
Una de las integrantes, la Señora Lucina se dedica a la cría de animales, es un trabajo al que le pone mucho empeño y cariño ya que no sólo tiene que cuidarlos sino alimentarlos, bañarlos, brindarle un espacio amplio, etc., es con esta actividad que ella logra sustentarse día a día y también a su familia.
El crédito utilizado sería para re-inventir en el negocio, poder ir teniendo mayor variedad de animales que criar y luego poderlos vender y así generar mayores ingresos.
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