Mujeres En Acción Group


Status: Paid Back

$3,225.00   Loan Request
$3,225.00   Paid Back

About the Group

Group Name: Mujeres En Acción Group
Group Members: Rosalina Garcia
Vidalina Gonzalez
Beatriz Gamarra
Blanca Gamarra
Paola Mongelos
Nancy Nuñez
Lucia Martinez
María Quintana
Marisa Caballero
Ydolina Vasquez
Graciela Mongelos (not pictured)
Nida Aveiro
Cesarina Pineda
María López (not pictured)
Graciela Vazquez
Location: Asunción, Paraguay
Activity: Retail

About the Loan

Loan Amount: $3,225.00
Loan Use: Merchandise to sell in their businesses
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 24, 2008
Date Disbursed: Sep 12, 2008
Date Funded:Aug 29, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:3,970.2500 PYG = 1 USD



The members of this committee are dedicated to varied activities, among which can be counted the sale of clothes, fast foods like empanadas, tortillas, small roasted meat croquettes, etc.; others are dedicated to the recycling of cardboard, plastic and all types of metals. In addition to running their small business, the majority of them are also the heads of their households and are in charge of administering the finances, the education of their children, and the care of their homes.


This committee is actually in its sixth cycle in our program, which demonstrates that it is a well organized and solid group. The hopes of progress which each of the members has is the most important ingredient in maintaining the success of them all. They hoep that their children don’t have to face the same work and educational limitations that they had when they were younger, and because of this, they work doubly hard to be able to give their children the opportunity of progress.


To be able to continue working and to augment their earnings, they would like to receive investment in their business, for which the group asks for a loan to acquire merchandise to sell; like clothes, hats, scissors, needles, threads, shoes, school supplies, in addition to ingredients and merchandise to sell, like meat, fruits, vegetables, vinegar, flower, dairy products, rice, etc.


Translated from Spanish by Zach Frey, Kiva volunteer.



Las integrantes de este comité se dedican a variadas actividades entre las que se puede destacar la venta de ropas, comidas rápidas como empanadas, tortillas, croquetas asaditos de carne etc.; otras se dedican al reciclaje de cartón, plástico, y todo tipo de metales en desuso. Además de manejar sus microempresas ellas en su mayoría son cabeza de hogar y se encargan de administrar los ingresos, cuidar de la educación de sus hijos y los cuidados de la casa.


Actualmente este comité se encuentra en su sexto ciclo del programa lo que demuestra que son un grupo bien organizado y solidario. Los deseos de progresar que tienen cada una de las que integrantes es el ingrediente más importante para mantener el éxito de todas. Ellas desean que sus hijos no pasen por las mismas limitaciones laborales y educativas que ellas tuvieron cuando jóvenes, por eso se esfuerzan el doble para poder brindar a sus hijos oportunidades de progresar.


Para poder seguir trabajando y lograr aumentar sus ganancias, ellas desean seguir invirtiendo en sus negocios por lo que el grupo solicita un crédito para adquirir mercaderías para la venta como ropas, sombreros, tijeras, agujas, hilos, zapatos, artículos escolares, además de ingredientes y mercaderías para despensa como carne, frutas, verduras, aceite, harina, lácteos, arroz, fideos, enlatados, etc.


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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Journal entries for Mujeres En Acción Group


Loan has been disbursed
 
Entrepreneur: Mujeres En Acción Group
Location: Asunción, Paraguay

Thank you for your loan. It has been disbursed to the Mujeres en Acción group, consisting of Graciela Vazquez, María López, Cesarina Pineda, Nida Aveiro, Graciela Mongelos, Ydolina Vasquez, Marisa Caballero, María Quintana, Lucia Martinez, Nancy Nuñez, Paola Mongelos, Blanca Gamarra, Beatriz Gamarra, Vidalina Gonzalez, Rosalina Garcia by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 4 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
Sep 2, 2008
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Kiva Help Repayment Schedule for Mujeres En Acción Group

  Expected Repayments Actual Repayments Comments
December 2008 $806.25 $807.00 Repayment Received
January 2009 $806.25 $805.50 Repayment Received
February 2009 $806.25 $806.25 Repayment Received
March 2009 $806.25 $806.25 Repayment Received