In the city of Santaní, eleven women united with the purpose of helping each other so that they could get ahead together. All of the members of the group raise and sell animals like chickens, sheep, pigs, ducks and others. They rely on the foundation and their group which have helped them a lot with everything. They are already learning to work together and their trainings have been very useful for them. Nelly, the president, is requesting a loan to buy animal feed, bran and other nutrients to continue feeding her animals.
En la ciudad de Santaní, 11 mujeres se unieron con el propósito de ayudarse las unas a las otras y por medio de ese trabajo en conjunto poder salir adelante.
Todas las integrantes del grupo se dedican a la cría y venta de animales, como gallinas, ovejas, cerdos, patos y demás. Ellas cuentan que la fundación y su grupo les han ayudado mucho en todo, ya que están aprendiendo a trabajar juntas y también las capacitaciones les está siendo muy útil.
Nelly, la presidenta, solicita el crédito para la compra de balanceados, afrechos y demás alimentos para poder seguir alimentando a sus animales.
About Fundación Paraguaya
Fundación 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.