San Cayetano Group
The members have shown a lot of interest in the programme and decent work, since, as small as it seems to be, they are showing that they can achieve their goals.
One of the members, Felicia raises livestock. She feeds the animals with balanced feed, walks them and then puts them in the enclosures to rest.
The loan that she requested would be to buy better quality feed to give the animals.
Una de las integrantes la señora Felicia se encarga de la cría de animales. Ella es la encargada de alimentar a los animales con alimentos balanceados, de pasearlos y luego meterlos en los corrales para que descansen.
El crédito solicitado sería para comprar mejor calidad de alimentos balanceados para dar a los animales.
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