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Unidas Group
In this Group: Catalina, Claudelina*, Silvina, Adela*, Graciela, Fabi, Dora, Gladys, Adela*, Sulma, Maria Liz, Claudelina, Emilia, Clotilde, Barsilisa, Carmen
* not pictured
This group was formed in the Empalado Ari de Caaguazú neighborhood. Mrs. Catalina R. found out about the program through her neighbor who is the president of another group. Because there were many interested people in the area, they decided to participate in the Group of Enterprising Women program. They are 16 hard-working women, who want to continue progressing. With a lot of enthusiasm, they meet with the goal of forming a solidary group, in which they have joint responsibility for the loan and work as a team. They work independently in jobs such as selling clothes, shoes, food, tailoring, running stores, etc. They will receive loans of different amounts, like 1,000,000 gs, others for 800,000 gs, and others for 700,000 gs, 500,000 gs, and 300,000 gs. They will invest their loans to buy sugar, meat, flour, eggs, noodles, sweets, jeans, t-shirts, skirts, shirts, lingerie, cheese, and hens. They want personal progress with this loan offered by the Fundación Paraguaya.
View original language description ↓
Este comité se formó en el Barrio Empalado Ari de Caaguazú, la Sra. Catalina R., quien conoció el Programa a través de su Vecina quien es la Presidenta de otro comité, y habiendo muchas interesadas en lugar se decidieron a participar del programa Comité de Mujeres Emprendedoras, son 16(Diez y seis) mujeres trabajadoras que quieren seguir progresando. Como mucho entusiasmo se reunieron con el fin formar un grupo solidario en donde la responsabilidad era conjunta y el trabajo de equipo. Ellas son independientes en sus labores como: vendedoras de ropas, venta de zapatos, venta de comidas, modista, tienen despensa, etc. y reciben de crédito algunas un monto de 1.000.000, otras 800.000 gs, otras un monto de 700.000gs, 500.000gs y 300.000 gs, quienes invierten en compra de azúcar, carne, harina, huevo, fideo, golosina, vaqueros, remeras, polleras, camisas, lencería, queso gallinas, desean un progreso personal y familiar con este préstamo otorgado por la Fundación Paraguaya.

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
  • 136
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,933.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidas Group's $2,350 loan helped a member to buy jeans, t-shirts, skirts, shirts, tights, lingerie, sugar, flour, eggs, oil, noodles, sweets, meat, fruits, vegetables, milk, merchandise, and cheese.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2009
Listed
Sep 26, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010