La Amistad Group
One of the members is Señora Elida. She works raising and then selling animals. She tells us that this is not an easy task as it requires a lot of physical effort, but in spite of this she really enjoys what she does. She would like to be able to continue with this work and be able to grow her business further.
She is requesting the loan for the purchase of animals to raise, and also to buy feed for them.
She has placed her hope in this loan, as having it will be a great help to her.
Una de las integrantes es la señora Elida, ella se dedica a la cría y posterior venta de animales. Nos comenta que mediante esto ella logra mantener y ayudar a su familia. Cuenta que es una tarea no muy fácil, pues requiere de mucho esfuerzo físico, pero pese a esto le gusta mucho lo que hace. Le gustaría poder seguir con este trabajo y poder crecer más.
Ella solicita el crédito para la compra de animales para la cría como así también para la compra de alimentos para los mismos. Está con las esperanzas puestas en el crédito, pues de tenerlo le será de mucha ayuda.
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