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Renacer Group
In this Group: Evangelina, Ma. Cristina, Noelia, Telma, Deolinda, Arminda, Esperanza, Magali, Luz, Ma. Francisca, Deisy, Laura, Lilian, Carmen, Ma. Rosalia*, Mercedes*, Ana*
* not pictured
The ladies of this committee are active, for a living most of them weave wool blankets, ponchos, and others, as the region is known for this kind of crafts.


They all work and make an effort to look for a little more support to promote their activities and thus help their families.


They need this loan to be invested in their work. For instance, doña Evangelina is a nurse and wishes to start selling medicine as she knows about this because of her profession and requests the loan to buy medicine to start the business.

View original language description ↓
Las señoras de este comité son activas, la mayoría de ellas se dedica a tejer frazadas de lanas, ponchos, y otros ya que es una zona donde se trabaja mucho con este tipo de artesanía.
Todas trabajan y se esfuerzan buscando un poco mas de apoyo para fomentar sus actividades y de manera ayudar a sus familias.
Necesitan de esta operación crediticia para invertir en sus respectivos trabajos así como la señora Evangelina quien es enfermera y quiere incursionar en la venta de medicamento ya que conoce sobre el tema por su profesión y solicita el préstamos para la compra de medicamento con lo comenzará a trabajar.

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

  • $8,400
    Average annual income
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,344,150
    Funds lent in using Kiva
  • 4,700.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $1,600 loan helped a member purchase a variety of medicine.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 20, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010