Nuevo Amanecer Group
Fatima is one of the members of the group. She raises and sells chicken. She says that she likes what she does very much because she likes animals. Thanks to her untiring work she manages to support her family and help with household expenses. She describes herself as a fighter, hard working, and entrepreneurial.
She requests this loan to buy chicks to raise, which will help her a lot in her business. She is very thankful to the foundation for the opportunity they give her and her friends.
La Sra. Fatima es una de las miembros del comité, ella se dedica a la cría y venta de pollos. Comenta que le gusta mucho lo que hace, ya que le gustan mucho los animales, gracias a su trabajo incansable ella logra mantener a su familia y de paso ayudar con los gastos de la casa. Ella se define como una mujer muy luchadora, trabajadora y emprendedora.
Ella solicita el crédito para la compra de pollitos para la cría, lo cual le será de mucha ayuda en su negocio. Esta muy agradecida a la fundación por la oportunidad que esta le da a ella y a sus amigas.
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