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Mujeres Progresando Group
In this Group: Rossana, Juana , Bruna, Primitiva, Maria, Catalina, Evelín, Bernardina, Rosalia, Gladys, Amelia, Mirian, Lourdes, Eva, Blanca, Wilma , Maria, Prisciliana, Rosa, Perla
The committee “Mujeres Progresando” (Women in Progress) is currently completing its ninth cycle, and its members are all doing very well with their micro-businesses. One of the micro-entrepreneurs is Mrs. Rossana, who has a store where she sells all types of goods. Currently, she wants to invest in her business, but since she has other family expenses, she’s asking for a loan to cover these investments.

She takes care of her house and her business while her husband takes care of the construction and plumbing. Both of them really want to grow the business to earn more profits, and in this way make improvements to their home.

All the members work hard because they want their children to be able to receive a good education and, later, get a good job. This is why they thank the Foundation for the help they receive.
View original language description ↓
El comité “Mujeres Progresando” cumple actualmente su 9no ciclo, sus integrantes ya se desenvuelven cada una en su propia microempresa.
Una de las microempresarias es la señora Rossana quien posee una tienda donde vende todo tipo de artículos.
Actualmente quiere invertir en su negocio, pero como cuenta con otros gastos familiares solicita el préstamo para cubrirlos.
Ella se dedica a su casa y a su negocio mientras que el marido se dedica a la construcción y plomería, los dos desean mucho ampliar el negocio para obtener mejor ganancia y de esa manera mejorar la vivienda que actualmente tienen.
Todas las integrantes procuran por que desean que sus hijos puedan optar por una buena educación y posteriormente un obtener un empleo por eso agradecen a la Fundación por el apoyo recibido.

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

  • $4,555
    Average annual income
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,700.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Progresando Group's $3,075 loan helped a member personal expenses, gas and light bills.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2010
Listed
May 16, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010