San Cayetano Group
Estefana's story is worth highlighting. She's 71 years old and has made a living selling pigs and handicrafts for several years. She can support her family with this job.
She's requesting this loan to be able to invest in buying pigs to raise and sell. This way she can continue with her job and help her family with the income she generates.
Una de las historias dignas de destacar es el de la señora Estefana de 71 años de edad ella se dedica a la venta de Cerdo y artesania desde hace ya varios años, trabajo con el cual puede sostener económicamente a su familia.
Solicita de este crédito para poder invertirlo en la compra de cerdo para la cría y venta, y de esa forma poder seguir con su trabajo y ayudar a su familia con los ingresos que genera.
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