Sagrada Familia Group
One member and president of this group is Señora Valeriana, who rears and sells animals such as chickens, ducks, goats and others. She says that it is very hard work, but that she likes what she does as it is honest work. Valeriana is asking for this loan to buy feed for her animals, so that she can have a good quantity and be well stocked.
Miembro de este grupo y presidenta es la Sra. Valeriana, quien comenta que se dedica a la cría y venta de animales, como ser gallinas, patos, cabras y demás. Comenta que es un trabajo muy sacrificado, pero que le gusta lo que hace, ya que es un trabajo honesto.
Valeriana solicita el crédito para la compra de balanceados para sus animales, para poder tener una buena cantidad y de esa forma seguir bien surtida.
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