29 De Septiembre Group
Mirna is the president of the group and says that she is involved in the growth and sales of animals. She says that it's very hard work and she does it full time, since she has to be waiting on her animals 24 hours a day. Her goal is to have a big farm where she would be able to keep a greater variety of animals.
She is asking for a loan to buy balanced feed, with which she will be able to continue feeding her animal and to avoid running out of such an important product for her business.
Mirna es la presidenta del grupo y cuenta que se dedica a la cría y venta de animales. Dice que es un trabajo muy duro ya que es de tiempo completo, pues debe de estar pendiente de sus animales las 24 horas. Su meta es tener una gran granja donde poder tener más variedades de animales.
Ella solicita el crédito para la compra de balanceados, con los cuales podrá seguir alimentando a sus animales y de esa forma evitar que le falte ese producto tan importante para su trabajo.
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