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Almada Group
In this Group: Eliana, Luz , Lina , Mirian , Rosa, Alcida , Liz, Felicita, Graciela , Rafaela, Irene, Graciela, Rafaela, Mirta*, Claudia*
* not pictured
These ladies are from the “Compañía Almada” in the city of Caacupe.

Most of these women are artisans who work out of their homes. They make many types of rubber articles, such as planters, rugs, and many other things. Prior to their involvement with the women’s committee, they had been working at smaller scales. This is why, since they became part of the “Committee for Entrepreneurial Women,” there exists a sense of belonging and a desire to continue to fulfill the foundation’s requirements which allow them to receive capital to satisfy their needs and invest in their small businesses. The businesses brings income into their families. They are grateful for the wonderful opportunity that the foundation gives them and each day they hope to further themselves and acquire experience within the program and meet their obligations as associates.

One of the associates, Eliana, runs her business out of her home and also attends to the household tasks. She tells us that the revenue from her business helps feed her family, so she wants to continue working and maintaining her business, in order to continue providing this important help to her family. She requested this loan to buy the items she sells in her business, namely all the basic foods a family needs.
View original language description ↓
Las mencionadas mujeres son de la Compañía Almada de la Ciudad de Caacupe.

Son señoras que trabajan en su mayoría como artesanas en sus propios hogares, realizan todo tipo de artículos en goma como ser planteras, alfombras y muchos otros artículos, en temporadas anteriores al programa comité de mujeres ya trabajaban comercialmente pero en menor escala, por eso es que en estos días, al formar parte del programa de Comité de mujeres emprendedoras, existe una actitud de sentido de pertenencia de las mismas para mantenerse al tanto de los requerimientos que les exige la fundación a modo de que sigan siendo beneficiadas recibiendo un capital para satisfacer sus necesidades, invirtiendo en sus pequeños negocios que les generara más ingresos a la unidad familiar.Las mismas están agradecidas por tan valiosa oportunidad que les brinda la fundación, y esperan cada día capacitarse adquirir experiencias dentro del programa y cumplir sus obligaciones como socias.

Una de las socias es la señora Eliana V. quien posee un negocio en su domicilio ella se dedica a la atención de su negocio y a labores de la casa, comenta que la ganancia del su negocio ayuda para la alimentación de su familia, por ello quiere seguir trabajando y mantenerlo para continuar con esa ayuda tan importante para la familia.
El crédito que ella solicitó ló destino en la compra de artículos que ella vende en su negocio, en general todo lo referente a la canasta básica familiar.



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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,681.1
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Almada Group's $2,550 loan helped a member buy sugar, flour, pasta, baked goods, oils and dairy products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010