San Cayetano Group
Señora Magdalena is one of the members. She works raising, selling, or dressing farmyard animals—something that with sacrifice, she has been engaged in for several years. She is a very hardworking person with a fighting spirit who starts her day in the early morning hours. Her dream is to be able to have a farm where she could continue with her work and have more animals to raise.
Magdalena is requesting this loan in order to invest in the purchase of feed for her animals, as in this way she will be able to continue raising them, and thus she will be able to fight for her family.
La Sra. Magdalena es una de las integrantes, ella se dedica a la cría, venta o faena de animales de corral, que con sacrificio viene haciendo hace varios años. Ella es una persona muy trabajadora y luchadora que empieza su día desde muy tempranas horas del día. Su sueño es poder tener una granja donde podrá seguir con su trabajo y tener más animales que poder criar.
Magdalena pide este préstamo para poder invertirlo en la compra de balanceados para sus animales, ya que de esa forma podrá seguir con la cría de sus animales, y poder luchar así por sus familias.
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