8 De Diciembre Group
All of the members raise and sell farmyard animals like chickens, pigs, goats, sheep, and other types of animals. They say that with the help of the Fundación, they hope to get ahead and change their future and that of their families.
Silvia is requesting a loan to buy balanced feed with which she will continue feeding her animals and having a good amount on hand.
Todas las miembros se dedican a la cría y venta de animales de corral, como ser gallinas, chanchos, cabras, ovejas, y demás tipos de animales. Ellas cuentan que con la ayuda de la fundación esperan salir adelante y cambiar el futuro de ellas y de sus familias.
Silvia solicita el crédito para la compra de balanceados con lo cual podrá seguir alimentando a sus animales y teniendo una buena cantidad en stock.
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