Kuña Joaju Group
Irene is part of this group. With a lot of effort and work, she gives her family what it needs. She works raising and selling animals. She tells us that it is hard work and it is full time, since she has to pay attention to her animals twenty four hours a day and keep watch so they don't lack for anything. She is applying for this loan to buy animals to raise and sell. This way, she will continue her work and get the means to continue helping her family.
La Sra. Irene es parte de este grupo, quien con gran lucha y esfuerzo da a su familia lo que necesitan. Ella se dedica a la cría y venta de animales. Nos dice que es un trabajo sacrificado y de tiempo completo, ya que debe de estar pendiente las 24 hs. de sus animales y velar porque no les falte nada.
La Sra. Solicita de este crédito para la compra de animales para la cría y la venta de los mismos, y así seguir con su trabajo y obteniendo los medios para seguir ayudando a su familia.
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