San Ramon Group
All of them work raising and selling barnyard animals such as hens, ducks, sheep, etc. They have seen a great opportunity for progress in the women's communal bank program, and so this is why they decided to unite and work together.
Miguela is requesting a loan to buy feed for her animals so that she can have extra food on reserve and not run out.
Todas ellas se dedican a la cría y venta de animales de corral, como ser gallinas, patos, ovejas, etc. Ellas han visto una gran oportunidad de progreso en el programa de comité de mujeres y es por eso que decidieron unirse y trabajar juntas.
Miguela pide el crédito para la compra de alimento para sus animales para poder tener de reserva y así que no le falte.
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