La Solucion Group
Rita, the president, has a business raising and selling animals. She says that this takes a great deal of sacrifice, since it is a job that requires all of one's time. Her dream is to be able to have a large farm full of animals and keep working in this business.
She is seeking this loan in order to buy feed, so that she can continue to feed and care for her animals.
Rita, la presidenta, se dedica a la cría y venta de animales, comenta que es muy sacrificado, ya que es un trabajo de tiempo completo. Su sueño es poder tener una gran granja llena de animales y de esa forma seguir trabajando.
Solicita el crédito para la compra de balanceados, con lo cual podrá seguir alimentando a sus animales y cuidándoles de esa forma.
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