Victoriana is seeking a loan so that she can invest in animals. She will then butcher these animals and continue making sales. She is grateful for this opportunity for the group, since thanks to this support they are able to get ahead and help their families through their hard work.
La Sra. Victoriana solicita de este crédito para poder invertirlo en la compra de animales, los cuales quiere poder faenar y de esa forma seguir con sus ventas.
Ella agradece por la oportunidad que están recibiendo, ya que así están saliendo adelante y por medio de su esfuerzo ayudar a sus familias.
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