San Cayetano Group
Ms. Silveria sells cow milk, freshly milked, and to maintain the quality of her product she sells it immediately and very carefully.
The loan will be used to improve the nutrition of the cow and also to improve the number of bottles she produces.
La señora Silveria se dedica a la venta de leche de vaca recién ordeñada, para mantener la calidad de su producto lo hace de forma instantánea y con mucho cuidado.
El crédito sería utilizado para mejorar la alimentación del animal y también mejorar los envases de su producto.
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