Sub Comision Vecinal De Agua Sector 6 Group
The Comisión has two caretakers. María is in charge of collecting payment and Juan handles the tank and pipelines.
The water tank facility, called Sub Comisión Vecinal de Agua Sector 6, is helping many people to be able to have something vital and important such as water. Juan and Maria are asking for this loan to buy gauges for measuring usage so that people can become aware of the use of water and thus be able to care for the environment and the use of our natural resources.
Thanks to this loan the Comisión could improve their drinkable water service for the community and thus be able reach more households with their services.
La comisión cuenta con dos personas encargadas la Sra. María que se encarga de la cobranza y el Sr. Juan encargado del tanque y de las cañerías.
Esta aguatería llamada Sub Comisión vecinal de Agua Sector 6 está ayudando a muchas personas a poder tener algo tan vital e importante como es el agua.
Juan y Maria solicitan este crédito para la compra de medidores para que a través de esto la gente pueda concienciarse del uso del Agua y así poder cuidar el medio ambiente y la utilización de nuestro recurso natural.
Gracias a este crédito la comisión podrá mejorar su servicio de agua potable para la comunidad y así poder llegar a más hogares con sus servicios.
More information about this loan
This loan will help fund a new product Fundación Paraguaya has launched called "Ikatu Agua" that will enable people in remote communities to dig wells, build pipelines and install water meters to expand access to clean drinking water. Loans like these are given to sanitation boards, which represent their entire communities. These groups contract builders and oversee construction of water distribution systems, while collecting repayments from impacted community members. These repayments are pooled and returned to Kiva to be credited to lenders.
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