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Amigas Luchadoras Group
In this Group: Ciriaca, Nilda , Rosalia, Margarita , Felicita, Lucia, Isabel, Zulma, Salvadora, Lucia Simeona, Estela M., Rosana, Delia E. , Francisca , Cinthia, Narcisa, María Cristina*, Ramon*
* not pictured
This communal bank formed in the Bernardino Caballero neighborhood in the city of Caaguazú. There are 18 women who approached the Fundación Paraguaya because they learned that they gave small loans to women. These women are very hard-working, supportive, and responsible.

The loan will be a big help because they wish for personal progress and progress for their families. Participating in the communal bank is very satisfactory for all of them. This is not just because of the loan, but it is also because of sharing with women with the same interest in getting ahead as they struggle day to day.

Ciriaca T. D. M. has a business of retail sales in a general store. The loan will be used to purchase wholesale merchandise like canned goods, school supplies, general cold meats, vegetables, fruits, meat and dairy products, cleaning and notions products to sell at retail.

The store that she has is pretty busy because of the variety of products that she has. She wants to increase her stock of merchandise in order to increase her income. That way she will grow in the market in which she works.
View original language description ↓
Este comité se formó en el Barrio Bernardino Caballero D. la Ciudad D. Caaguazú, son 18 señoras, que se acercarón a la Fundación Paraguaya ya que se enterarón que otorgaba pequeños préstamos para mujeres, las mismas son muy trabajadoras, solidarias y responsables.
El crédito sera D. gran ayuD., ya que ellas desean un progreso personal y familiar y al participar del comité les resulta muy satisfactorio a todas no solo por el crédito si no el compartir con señoras con un mismo interés el D. seguir adelante luchando día a día.
La Señora Ciriaca T. D. M. posee un negocio D. distribución al menudéo D. tienD. en general.
El monto obtenido será destinado a la adquisición D. mercaderías al por mayor como son los alimentos enlatados, utiles escolares, embutidos en Gral., verduras, frutas, productos cárnicos y lácteos, así como articulos D. limpieza y mercería; para su distribución al menudeo.
La tienD. que posee es bastante concurriD. por la variedad D. productos que posee y la Sra. desea ampliar su stock D. mercaderías para D. esa forma incrementar sus ingresos para así ir creciendo en el M. en el que se desarrolla

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,453,750
    Funds lent in using Kiva
  • 4,717.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigas Luchadoras Group's $3,075 loan helped a member get general mercandise like canned goods, cold cuts, notions, and cosmetics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010