Virgen De Lourdes 2 Group
Bernardina is one of the members and she comments that she works raising and selling barnyard animals like chickens and pigs. She comments that she helps her family by means of this work and gives them everything they need.
She’s asking for the loan to buy chicks and feed to continue growing and helping her family. The group is grateful for the opportunity they are getting from Kiva and Fundación Paraguaya.
Bernardina es una de las miembros y comenta que se dedica a la cría y venta de animales de corral, como ser gallinas y cerdos. Comenta que por medio de este trabajo ayuda a su familia y les da todo lo que necesitan.
Ella solicita el crédito para la compra de pollitos, y balanceados, para que de esa forma pueda seguir creciendo y ayudando a su familia. El grupo agradece por la oportunidad que esta recibiendo de Kiva y fundación paraguaya.
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