The committee San Jorge is the result of the union of several women neighbors in the San Pedro's community. All of the committee's members work in the breeding and sale of animals and are able to support their families thanks to this job.
Geronima is one of these women. She is a very hard-working person with an entrepreneurial spirit who, thanks to her arduous job, is getting ahead and providing for her family. She will use the requested loan to buy balanced food for her animals so that she can continue working and supporting her family.
El comité San Jorge se formo con la unión de varias vecinas de la comunidad de la ciudad de San Pedro. Todas la Integrantes del comité desarrollan la misma actividad, que es la cría y venta de animales, y por medio de ese trabajo ayudan a sus familias.
Geronina es una de estas mujeres, ella es muy trabajadora y emprendedora, y cuenta que por medio de su arduo trabajo está saliendo adelante y ayuda a su familia. Solicita este crédito para la compra de balanceados para sus animales y de esa forma poder seguir trabajando y ayudando a su familia.
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.