4 De Octubre Group
Edita is the president of this hardworking group and she says that through her cheese sales and chicken breeding she has managed to get ahead and help her family. Everyday Edita shows that with hard work and dedication it is possible to get ahead. She leads her friends by example.
She is requesting the loan to purchase cheese, which she will have in a quantity that will allow her to continue working and at the same time help her family.
Edita es la presidenta de este trabajador grupo, y cuenta que por medio de la venta de queso y cría de pollos ha podido salir adelante y ayudar a su familia. Edita día a día muestra que con trabajo y dedicacion se puede salir adelante, enseña a sus amigas mediante su ejemplo.
Ella solicita el crédito para la compra de queso, con lo que podrá tener su producto en cantidad para poder seguir trabajando y a la vez seguir ayudando a su familia.
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