Martha Fernandez's Group


Status: Paid Back

$1,400.00   Loan Request
$1,400.00   Paid Back

About the Group

Group Name: Martha Fernandez's Group
Group Members: Francisca Fleitas
Victoria Bareiro
Rosa Acosta
Ana Leon
Susana Cubilla
Olga Velazquez
Myrian Escobar
Maria Bareiro (not pictured)
Zully Ocampo
Sebastiana Sanabria
Rosalva Fleitas
Nidia Terceros
Maria Paula Caballero
Rosa Ruiz
Martha Fernandez
Location: Asunción, Paraguay
Activity: Retail

About the Loan

Loan Amount: $1,400.00
Loan Use: To buy the ingredients to make Paraguayan delicacies. Other women will use the funds to buy fruits, cosmetics, crafting, sewing material and refreshments.
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 2, 2008
Date Disbursed: Mar 18, 2008
Date Funded:Mar 4, 2008
Loan Ended:Jun 4, 2008

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,723.5500 PYG = 1 USD



This committee of women has been formed for four months. It still is composed mostly of the first members. but some new women who have come on board. All of the women work in their own businesses. Many sell fruits, like oranges, pineapples, mangos, and lemons. Some make clothing, and others have their own small convenience stores, where they sell a little bit of everything.

These women are asking for a loan together so that they will have the support, both financially and socially. All of the women are working to insure that their children attend school.





About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Lenders to this group

Jessica
Helsinki,
Finland

Anonymous

Geoff
Melbourne, Victoria
Australia

Bohica
San Antonio, TX
United States

ONE WORLD
Lyrestad,
Sweden

Kari Merete
Kongsberg, Buskerud
Norway

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Sam Snyder
Lawrence, KS
United States

Mo.
Redmond, WA
United States

Howard & Jillian
Vence,
France

Ron and Marlene
Andover, Minnesota
United States

Val & Derek
Thornton, Colorado
United States

Kent and Sally
Oak Harbor, WA
United States

Laurie & Braeden
Centerville, OH
United States

Tim
Hamburg,
Germany

Good Dogg
Front Porch, www.kivafriends.org
United States

Jan
Bluffton, OH
United States

Edwin
Pacific Grove, CA
United States

Bill
Edina, MN
United States

Arnold
Wetter,

Ray
Glasgow, Scotland
United Kingdom

Rich
Sandy Hook, CT
United States

Frank & Cesar (My dog)
Oslo, Europe
Norway

Shiv Shreya
Montreal, Quebec
Canada

South Medford
Medford, OR
United States

Stephen
Charlotte, NC
United States

John
North Venice, FL
United States

Anonymous
South Caulfield, Victoria
Australia

John
Columbus, OH
United States

Kristine
Wausau, WI
United States

Geoff

Christmas Island

NineByZero.com Magazine
Milan, Milano
Italy

Anonymous
Auburn, AL
United States

Betsy and Bob
Waldron, WA
United States

kay
GIG HARBOR, WA
United States

Peter
kivafriends.org, Brighton, England
United Kingdom

Nathan
Manhattan, KS
United States

Anonymous
Brisbane, Queensland
Australia



Journal entries for Martha Fernandez's Group


Loan has been disbursed
 
Entrepreneur: Martha Fernandez's Group
Location: Asunción, Paraguay

Thank you for your loan. It has been disbursed to the , consisting of Martha Fernandez, Rosa Ruiz, Maria Paula Caballero, Nidia Terceros, Rosalva Fleitas, Sebastiana Sanabria, Zully Ocampo, Maria Bareiro, Myrian Escobar, Olga Velazquez, Susana Cubilla, Ana Leon, Rosa Acosta, Victoria Bareiro, Francisca Fleitas by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 3 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Asunción, Paraguay
Mar 4, 2008
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Kiva Help Repayment Schedule for Martha Fernandez's Group

  Expected Repayments Actual Repayments Comments
June 2008 $466.67 $467.00 Repayment Received
July 2008 $466.67 $467.00 Repayment Received
August 2008 $466.66 $466.00 Repayment Received