San Isidro Group
Eulogia, the president of the group, comments that they are requesting this loan to be able to invest in the purchase of balanced animal feed, and in this way procure what they need.
They are grateful for this opportunity which will be a great help.
Todas las integrantes se dedican a la cria y venta de animales de corral, ellas cuentan que es un trabajo muy sacrificado, ya que todos los días deben de estar pendientes de sus animales y ver que no les falte nada. Es un trabajo de tiempo completo. La Sra. Eulogia, la presidenta, cuenta que solicita de este crédito para poder invertirlo en la compra de balanceados para sus animales, y de esa forma procurar que no les falte.
Ellas agradecen por esta oportunidad que les será de mucha ayuda.
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