La Alborada Group
Sonia is a member and serves as the president of this group. She is requesting a loan in order to invest in the purchase of balanced feed for her animals so that she can continue raising them. Her dream someday is to have a farm with animals so that she can continue working.
Sonia es la presidenta de este grupo, y lo integra, ella pide este préstamo para poder invertirlo en la compra de balanceados para sus animales, de manera a poder seguir con la cria de los mismos. Su sueño es algún día poder tener una granja con animales donde poder seguir trabajando.
More information about this loan
This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.
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
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Success!! The loan was 100% repaid