Barrio 3 Tapiracuai Group
Griselda is one of the members who makes her living doing this. She says that she has a considerable number of animals, which she raises and then sells or slaughters. She has a very good clientele, and it is through this work that her family has enough for their day-to-day life.
Griselda is asking for this loan to be able to invest it in buying feed for her animals, so that she can continue raising her animals. She is grateful for this opportunity that she is getting to be able to continue with her undertaking.
Griselda es una de las integrantes que se dedica a eso, y comenta que tiene un número considerable de animales, los cuales cría, y luego vende o faena, ya tiene una muy buena clientela, y es por medio de este trabajo que su familia tiene para el día a día.
Griselda pide este préstamo para poder invertirlo en la compra de balanceados para sus animales, para que de esa forma pueda seguir con la cría de sus animales. Agradece por esta oportunidad que está recibiendo de poder seguir con su emprendimiento.
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
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