Check out some available loans that are similar to this one!
El Rincon De Las Amigas Group
In this Group: Maria , Laura, Viviana, Hilaria, Rosa , Sara, Ana , Digna, Enriqueta, Francisca , Irene, Verónica, Blanca, Miguela, Hermenegilda*
* not pictured
The El Rincón de las Amigas (The Girlfriends' Nook) is a committee that came about thanks to the enterprising spirit of the 15 women that compose it. Each works independently and with much enthusiasm according to her means.

With help from their advisors, they follow good habits, like: making a family budget and setting aside savings, among others, that help them to improve family life. They are happy with and grateful to Fundación Paraguaya.

One of the members is María Rossana L.. She sells general merchandise, like: clothing, shoes, cleaning supplies, school supplies, and others. She works from home and all of the family helps to tend to the business. Income obtained from it is a great help for her to meet household expenses, María tells us.
View original language description ↓
El comité El Rincón de las Amigas es un comité formada mediante el espíritu emprendedoras de las 15 señoras que la conforman. Cada una tienen un trabaja independiente de acuerdo a las facilidades con que cuentan y realizan sus labores con mucho entusiasmo.
Todas con la ayuda de las asesoras practican buenas costumbres como hacer presupuesto familiar, ahorro entre otras actividades que pueden mejorar la vida de sus familias, así ellas se sienten muy satisfechas y agradecidas con la Fundación Paraguaya.
Una de ellas es la señora María Rossana L. se dedica a la venta de mercaderías varias como rapas , calzados, artículos de limpieza, útiles escolares y otras mercaderías, ella vende sus productos en su domicilio toda la familia colabora en la atención del negocio y los ingresos obtenidos ayuda mucho con los gastos de la casa comenta la señora Maria.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,629.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of El Rincon De Las Amigas Group's $3,300 loan helped a member to buy assorted merchandise, like: clothing, school supplies, costume jewelry, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Mar 15, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010