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Maria Auxiliadora Group
In this Group: Higinia, Barbara, Dolores, Susana, Maria, Margarita, Nicolasa, Liz Maria, Elvira, Raimunda, Evangelista, Mariana, María De Jesús, Gloria, Norma, Isabel, Lorena, Pabla*, Rosa, Celia, Liliana*, Simona*
* not pictured
This group was formed by three members who were in another group but decided to form a new one because they lived far away from the other group's meeting place. Thus began the María Auxiliadora group of María Auxiliadora - Isla Valle in the city of Luque.


Now the group is in the third cycle of the Comité de Mujeres Emprendedoras de la Fundación Paraguaya's program. It is made up of 22 members who all invest in different activities.


Higinia Céspedes is a seamstress. She has been a seamstress since she was very young. She makes clothes of all types, for example suits for women, pants, uniforms, wedding gowns, etc.


She is requesting this loan to invest in buying materials like fabrics and thread to use in making clothes.

View original language description ↓
El presente comité se formó con tres integrantes quienes estuvieron en otro grupo, las mismas decidieron formar un nuevo grupo a causa de que ellas vivían muy lejos del lugar de reunión del comité al cual pertenecían, de esa forma se inicio el comité María Auxiliadora del María Auxiliadora - Isla Valle de la ciudad de Luque.
Actualmente el comité se encuentra en el tercer ciclo del programa Comité de Mujeres Emprendedoras de la Fundación Paraguaya y esta conformado por 22 integrantes las cuales invierten en distintas actividades.

La señora Higinia Céspedes es costurera, se dedica desde muy joven a esta actividad, ella confecciona ropas de todo tipo como trajes para damas, pantalones, uniformes, vestidos para novias y otros.
Ella solicita el préstamos para invertir en la compra de insumos tales como telas e hilos para la elaboración de sus prendas.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $29,518,125
    Funds lent in using Kiva
  • 4,714.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $2,875 loan helped a member purchase of many types of fabrics, buttons, linings, and clasps.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2010
Listed
Apr 22, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010