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Amanecer Group
In this Group: Lady Mabel, Hermelinda, María Estela , Gabriela, Cornelia , Norma Graciela, Rosa Clara , Eufrocina , Silvia Esther, Neomí, Griselda Marlene, Laura Haydee*, Sandra, Juana , María , Crecencia, María Maxima, Cristina Mabel, Antonia
* not pictured
This group in the neighborhood Chaipé was suggested by an established client of the Fundación Paraguaya. All of the women have their own small businesses, and invest their loans in these activities.

1. Lady Mabel L. R.- Food sales
2. Hermelinda G.- Small grocery store
3. María Estela M. M.- Jewelry sales
4. Gabriela C. D. S.- Food sales
5. Cornelia G. D.- Meat sales
6. Norma Graciela S. D. L.- Food sales
7. Rosa Clara R. D. Faria- Small grocery store
8. Eufrocina S. G.- Food sales
9. Silvia Esther G. Martínez- Clothing sales
10. Noemí Candelaria V.- Food sales
11. Griselda Marlene S. S.- Food sales
12. Laura Haydee F. D. S.- Small grocery store
13. Sandra B. G.- Clothing sales
14. Juana M. S.- Tablecloth sales
15. María C. S.- Food sales
16. Crecencia R.- Food sales
17. María Maxima V.- Cosmetics sales
18. Cristina Mabel V.- Plastic sales
19. Antonia C. L.- Handicraft sales

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

  • $8,400
    Average annual income
  • 96
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Amanecer Group's $4,075 loan helped a member purchase of merchandise to sell or of raw materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009