24 De Mayo Group
Most of them raise and sell barnyard animals like chickens, pigs, sheep, and the rest. With this they struggle to get ahead and to get their families out of poverty.
Feliciana is one of the members of this group. She also raises animals. She is requesting this loan in order to be able to buy balanced feed for her animals. This way she will continue feeding her animals, and they will not need anything. She is grateful for the opportunity that she is getting. It will be very helpful.
La mayoría de ellas se dedican a la cría y venta de animales de corral, como ser gallinas, cerdos, ovejas y demás, y con ello lucha por salir adelante y sacar a su familia de la pobreza. Feliciana es una de las miembros de este grupo, ella también se dedica a la cría de animales, está solicitando de este crédito para poder invertirlo en la compra de balanceados para sus animales, y así seguir alimentando a sus animales y que no les falte nada. Ellas agradecen por la oportunidad que estan recibiendo, pues les será de mucha ayuda.
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