Mujeres Unidas Para Triunfar Group


Status: Paid Back

$4,000.00   Loan Request
$4,000.00   Paid Back

About the Group

Group Name: Mujeres Unidas Para Triunfar Group
Group Members: Alicia Alfonso
Zulma Medrebien
Lourdes Cardozo
Epifania Mareco (not pictured)
Juana Amarilla
Nelly Mendrebien
Maria Larramendia
Ladis Martinez
Rosanna Lopez
Marcela Báez (not pictured)
Luz María Farías
Nadia Arzamendia
Griselda Duarte
Blásida Aranda (not pictured)
Felicita Aranda
Location: Encarnación, Paraguay
Activity: Retail

About the Loan

Loan Amount: $4,000.00
Loan Use: To buy clothes, lingerie, sheets, towels, thread, fabric, supplies for making cleaning products, supplies for salons, comestibles such as flour, oil, noodles, herbal cigarettes and other items.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 1, 2008
Date Disbursed: Oct 18, 2008
Date Funded:Oct 4, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:3,992.8500 PYG = 1 USD



This group of the San Pedro neighborhood was formed thanks to the ladies in the neighborhood who had already formed another group. Seeing the progress and benefits that those ladies obtained, they decided to form a committee in order to be able to have the possibility of growing their businesses.


The ladies of this group, besides being a housewife, carry out various activities such as the sale of clothes, sheets, towels, and lingerie, dressmaking, running clothing workshops, making inexpensive clothes and running businesses in their homes such as pantries and salons.


Besides their businesses, also they carry out other activities that help to bring in extra money to their savings.


The total that each lady receives varies from 300,000 to 1,600,000 Guaranis (currency of Paraguay). All the ladies will use the loan to buy merchandise for the activities that they are carrying out.


Translated from Spanish by B, Kiva Volunteer.



Este grupo del Barrio San Pedro surgió gracias a que en el barrio de estas señoras ya se había conformado otro grupo, y viendo el progreso y los beneficios que obtenían estas señoras, decidieron formar un comité para así poder acceder a la posibilidad de crecer con sus emprendimientos.


Las señoras de este grupo, además de ser amas de casa, realizan actividades como la venta de ropas, sábanas y toallas, lencerías, otras señoras que son modistas tienen taller de costura y confeccionan ropas bajo pedido y otras poseen negocios propios en su domicilio despensa y peluquería.


Además de las actividades de ellas, también realizan otras que ayudan a juntar un pequeño dinero extra para el ahorro de ellas.


El monto que recibe cada señora varía entre 300.000 a 1.600.000 de guaraníes (moneda de Paraguay); todas las señoras destinan el crédito para comprar mercaderías para las actividades que están realizando.




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 Unidas Para Triunfar Group


Loan has been disbursed
 
Entrepreneur: Mujeres Unidas Para Triunfar Group
Location: Encarnación, Paraguay

Thank you for your loan. It has been disbursed to the Mujeres unidas para triunfar group, consisting of Felicita Aranda, Blásida Aranda, Griselda Duarte, Nadia Arzamendia, Luz María Farías, Marcela Báez, Rosanna Lopez, Ladis Martinez, Maria Larramendia, Nelly Mendrebien, Juana Amarilla, Epifania Mareco, Lourdes Cardozo, Zulma Medrebien, Alicia Alfonso 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 from Encarnación, Paraguay
Oct 18, 2008
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Kiva Help Repayment Schedule for Mujeres Unidas Para Triunfar Group

  Expected Repayments Actual Repayments Comments
January 2009 $1,000.00 $1,000.00 Repayment Received
February 2009 $1,000.00 $1,000.00 Repayment Received
March 2009 $1,000.00 $1,000.00 Repayment Received
April 2009 $1,000.00 $1,000.00 Repayment Received