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Mujeres Talentosas Group
In this Group: Bernarda, Norma , Ada , Hilda, Catalina, Silvia, M Liza, Limpia, Rosa, M Agustina, Mariza , Eladia, Juana, Gloria, Victoriana
This group was formed by Señora Eladia A., a resident of the Primero de Marzo neighborhood in the city of Coronel O.. She had approached Fundación Paraguaya to learn more about its Committee of Enterprising Women program, and then invited her friends and neighbors to form a group in order to get ahead and improve their quality of life. They are 15 very hard-working, humble women who work every day to earn a living.

They each work independently in clothing sales, food sales, grocery stores, and in orchards; other members sell their own products.

They received the loan and each person used the money to invest in their respective business. Like the rest of the group members, Señora Ada D. works very hard at her job preparing and selling meals. She wakes up very early each morning to start cooking and display the food she sells from her homes. She used her loan to buy cooking ingredients like beef and chicken, vegetables and spices.

The group members’ activities are listed below:

1. Bernarda O.: Grocery store
2. Norma M.: Crafts
3. Ada D.: Food sales
4. Hilda C.: Avon Cosmetics sales
5. Catalina A.: Chipa (traditional Paraguayan baked goods) sales
6. Silvia M.: Lingerie sales
7. Maria Liza M.: Street vendor
8. Limpia T.: Fruit and Vegetable sales
9. Rosa C.: Garlic sales
10. Maria Agustina F.: Vegetable sales
11. Marizza S.: Street vendor
12. Eladia A.: Street vendor
13. Juana B.: Garlic sales
14. Gloria B.: Street vendor
15. Victoriana G.: Food 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

  • $4,555
    Average annual income
  • 70
    View loans »
    Paraguay Loans Fundraising
  • $28,764,050
    Funds lent in using Kiva
  • 4,650.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Talentosas Group's $2,500 loan helped a member buy beef, chicken, vegetables and spices.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Feb 26, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010