Koe Pyahu Group
All the members work raising and selling pigs, chickens and other animals. They relate that it’s very hard work but they strive because they want to be able to help their families.
Mirian is one of the group members and she’s asking for the loan to buy bran, corn and cassava to feed to her animals because she wants to have a good stock of food on had to give her animals.
Todas las miembros se dedican a la cría y venta de chanchos, gallinas, y demás animales. Cuentan que es un trabajo muy duro, pero ellas se esfuerzan porque quieren poder ayudar a sus familias.
Mirian, una de las miembros solicita el crédito para la compra de maíz, afrecho y mandioca para dar de comer a sus animales, ya que quiere tener un buen stock de alimentos para dar a sus 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