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Amanecer Group
In this Group: Basilisa, Maria Angela, Fermina, Maria Evergista, Benigna , Felicita, Clara , Elva , Norma, Carmen, Maria Benita, Pabla, Andrea, Sofia, Perla
The Amanecer Group was formed in august of 2008 and was founded by Señora Basilisa A., who acts as the group's president. Basilisa saw that her friends and neighbours needed some financial help and became interested in the credit offered by Fundación Paraguaya after meeting with one of their administrators. After that meeting, the members of Amanecer founded their group and have always been extremely responsible with their payments.

Amanacer's members have small businesses. Basilisa A., Pabla A., Fermina C., and Benigna A. sell meals; Andrea M., María Angela B., María Evergista B., and María Benita Benítez sell household goods and hardware supplies; Felicita Pavón, Clara B., Carmen D., and Perla López sell clothing; Elva A. sells vegetables; Sofia E. sells fruit; and Norma D. runs a corner store.

All of the group's members are very happy that, thanks to this opportunity, their incomes have risen and they have been able to better their children's quality of life. Having easy access to credit and working capital has made a huge difference for the group, and because they value this, they are very committed to communal banking. They work in solidarity with one another as a team and work to understand and support one another.
View original language description ↓
El grupo denominado Amanecer se conformó en el mes de agosto del 2008, por la iniciativa de la señora Basilisa A., cuya función en el grupo es la presidencia. La misma viendo las necesidades de sus vecinas y amigas se interesó por el programa y convocó a una reunión con la respectiva asesora de la Fundación Paraguaya.

Después de dicha reunión todas muy motivadas decidieron conformar un comité, el cual hasta hoy día ha cumplido en forma excelente sus pagos.

La mayoría de las integrantes se dedican a actividades comerciales como: venta de mercerías, comidas, ropas, frutas y verduras, etc.

Todas las integrantes del grupo manifiestan su contento ya que gracias a esta oportunidad sus ingresos han aumentado y de esta manera han proporcionado una mejor calidad de vida a sus hijos.
Valoran la oportunidad de obtener un crédito con accesibilidad rápida ya que para ellas es muy fundamental contar con capital de trabajo, por dicho motivo se sienten muy comprometidas y activan dentro del comité fomentando la solidaridad, la unión y comprensión.

Basilisa A. - Venta de comidas -
María Angela B. - Venta de mercería -
María Evergista B. - Venta de mercería -
Fermina C. - Venta de comidas -
Benigna A. - Venta de comidas -
Felicita Pavón - Venta de ropas -
Clara B. - Venta de ropas -
Elva A. - Venta de verduras -
Norma D. - Despensa -
Carmen D. - Venta de ropas -
María Benita Benítez - Venta de mercerias -
Pabla A. - Venta de comidas -
Andrea M. - Venta de mercería -
Sofia E. - Venta de frutas -
Perla López - Venta de ropas -

Additional Information

About Fundación Paraguaya

Fundación 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.

About Paraguay

  • $4,555
    Average annual income
  • 16
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 5,060.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Amanecer Group's $2,625 loan helped a member to buy clothes, vegetables, household goods, hardware supplies etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2009
Listed
May 5, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 20, 2009