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Mburucuja Group
In this Group: Claudelina, Mirian, Felicita, Cármen, María, Castorina, Odulina, Gloria, Silvia, María, Mauricia, Cármen, Mónica, Antonia, Angela*, Fanny*
* not pictured
This committee was formed by Sra. Felicita S., who lives at Km 7 of Mburucuja neighborhood in Ciudad del Este. She contacted her neighbors and friends to form this committee in their community.


The committee named “Mburucuja” is in its sixth loan cycle with 16 members. This neighborhood group is known for being united, supportive, and responsible. They have saved 4,692,309 PYG for gas and also engage in fundraising activities for a small account maintained by the committee in case any members run into difficulties.


Sra. Claudelina is one of the committee members who engages in the sale of clothing, specifically school uniforms produced by the other members. This is one type of business that is represented by this committee. All of the members help one another with achieving improved results. The loan being requested will be used to buy school uniforms such as pants, shirts, and skirts.

View original language description ↓
Para la formación el presente comité inicio la Señora Felicita S. del km 7 Barrio Mubucuja de _C.D.E. Ella Contacto con sus vecinas y amigas para formar el comité en su comunidad.
El comité se Denomina”Mburucuja “ están en el Sexto Ciclo con 16 integrantes , es un grupo que se destaca en el barrio por ser muy unidas solidarias y responsable entre ellas , las mismas poseen un ahorro de gas 4.692.309 gs, también realizan actividades para la recaudación de un pequeño fondo para el comité, en caso de que alguna de las compañeras este con dificultades.
La señora Cluadelina es una integrante del comite y se dedica principalmente a la venta de ropas especificamente de uniformaes escolares que las demás integrantes confeccionan, esta una forma de trabajo de este comite, todas de ayudadn unas a otras para lograr mejoras resultados.
El crédito solicitado fue para la compra de uniformes escolares como pantalones, camisas, polleras.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,631.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mburucuja Group's $2,500 loan helped a member purchase school uniforms.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2010
Listed
Mar 19, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010