Paraiso Poty Group
All of the members of this group raise and sell barnyard animals. They comment that through their efforts, they are able to help their families and give them everything they need to have a decent life.
They are requesting a loan to buy nutritionally balanced animal feed for their animals, because this is something that is essential to their businesses.
Todas las integrantes de este grupo se dedican a la cría y venta de animales de corral. Comentan que por medio del esfuerzo que hacen, pueden ayudar a sus familias y darles todo lo que necesitan para una vida digna.
Solicitan el crédito para la compra de balanceados para sus animales, el cual es indispensable para ellas.
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