Kuña Joaju Akarapu´ara Group
One of these women is Betina. She has been able to move forward as a result of work and sacrifice. Betina is requesting a loan so that she can invest in the purchase of balanced feed, corn, and other foodstuffs for her animals.
Son mujeres jefas de sus hogares que quieren salir adelante y es por eso que luchan, todas ellas se dedica a la cría y venta de animales de corral para su faena y reventa. Una de ellas es Betina, quien con sacrificio y trabajo sale adelante, y está solicitando de este crédito para poder invertirlo en la compra de balanceados, maíz, y demás alimentos para 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