San Lorenzo Group
One of the members is Epifania who works in raising animals. She has a good attitude and works consistently with the help of her children with the aim of improving their lives.
Epifania is asking for this loan to buy products that she needs for her work, such as animal feed. This will allow her to continue working as she has been doing.
Una de ellas es la Sra. Epifania ella se dedica en criar animales, se mantiene con una actitud de seguir trabajando de manera constante con la ayuda de sus hijos teniendo como propósito mejorar sus vidas.
La Sra. Epifania solicita de este préstamo para la compra de los productos de suma necesidad para su trabajo, como ser balanceados para sus animales, para poder seguir con su trabajo como lo viene haciendo.
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