2 De Febrero Group
All of them raise and sell barnyard animals such as chickens, sheep, ducks, and others. It's a self-sacrificing job, but although it's not very competitive, they're proud of what they do because it supports their families.
Yrma, the president, is requesting this loan to buy balanced feed for her animals because she wants to have a good supply and continue having good animals to sell.
Todas ellas crían y venden animales de corral, como ser gallinas, ovejas, patos y demás. Es un trabajo sacrificado, pero aunque no sea muy competitivo, ellas están orgullosas de lo que hacen, pues es el sustento de sus familias.
Yrma, la presidenta, pide de este crédito para comprar balanceados para sus animales, ya que quiere tener un buen stock y seguir teniendo unos buenos animales para la venta.
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