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Mujeres Activas Group
In this Group: Pascuala, Rosalia, Maria, Ruth, Nidia, Graciela, Antonia, Mirna, Liza, Maria, Maria, Liliana, Alicia, Eulalia, Rossana
This committee was formed by Pascuala G., who invited her neighbors to participate in the program and join the group with the goal of working to offer their children a better lifestyle. There are 15 independent women in this group who sell clothes, food, and cleaning supplies. Each woman uses her share of the loan to buy goods for sale such as sugar, flour, eggs, milk, meat, and soft drinks, as well as jeans, shirts, skirts, shirts, lingerie, and raw fabric and materials to sew articles of clothing.

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,775.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Activas Group's $1,300 loan helped a member to purchase goods for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2009
Listed
Nov 24, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010