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Amistad Group
In this Group: Dominga, Andresa, María, Felicita, Isabelina, Dionisia, Lucia, Zunilda, Ramona, Geronima, Elena, Emilce, Virginia, Maria, Norma*, Luz*
* not pictured
The "Amistad" community bank is located in Ciudad del Este and consists of 16 women. They are working with great expectations in their sixth loan cycle. Each member is working with great satisfaction since the activities that they are carrying out are helping to improve their families' quality of life.


This is the case with Señora Dominga, who runs a canteen with drinks and food in front of her home. She manages very well in her business and administers her income well.


Now she is making the monthly payment for the property where they live. She is applying for the loan to make the payment, since the income generated by her business and by her husband have been used for other household expenses.

View original language description ↓
El comité “Amistad”, están ubicado en Ciudad del Este integradas por 16 mujeres se encuentran trabajando con mucha esperanza en el Sexto ciclo.
Cada integrante se encuentra trabajando muy satisfecha ya que la actividadad que las mismas realizan ayudad para mejorar la calidad de vida de sus familias.
Este es el caso de la Señora Dominga quien trabaja colocando una cantina con bebidas y comestibles frente a su casa, ella se maneja muy bien en su negocio y administra bien sus ingresos.
Actualmente ella se encuentra pagando la cuota de la propiedad donde viven para el pago del mismo solicita la el crédito, ya que los ingreso que genera el ingreso y el marido son usados para otros gastos de las casa.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Paraguay

  • $8,400
    Average annual income
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $31,344,150
    Funds lent in using Kiva
  • 4,782.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Group's $2,475 loan helped a member housing payment.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2010
Listed
Apr 25, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010