Kuña Katupyry Group
All of the women are from the country and work raising and selling farm animals. With this work and effort they hope to provide for their families. Norma, one of the members, is asking for this loan to buy feed for her animals, so that they are in good shape to be sold later.
Todas son mujeres de campo y se dedican a la cría y venta de animales de corral, y con eso y sumado a su esfuerzo tratan de ganar el pan de cada día para sus familias. Norma, una de las miembros, solicita de este crédito para la compra de balanceados para sus animales, y con ello poder tenerlos bien para poder venderlos luego.
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