Check out some available loans that are similar to this one!
Prosperidad Group
In this Group: Aurelia Rosa, Catalina, Vidalia, Lidia, Mabel, Myrian, Wilma, Margarita, Gloria, Graciela, Norma, Virna, Adelaida, Estelvina, Ninfa, Sonia
The “Prosperidad” (Prosperity) committee was formed when several neighbors in the city of Villa Elisa decided to join together. All of the group members have independent activities: some are in sales, others are hairdressers and some prepare fast food.

The members formed a very unified and capable group able to undertake activities together that strengthen their companionship.

One of the group members is Aurelia R. who sells food in a small snack bar in her home. She gets up very early in the morning every day to prepare traditional dishes from the area like: empanadas (turnovers), milanesas (breaded meat), eggs and chipas (corn and cheese bread). Her meals are prepared very hygienically with new and fresh ingredients so customers come by frequently to enjoy Aurelia’s dishes.

She is asking for funding to buy the ingredients that she normally uses to prepare her meals.
View original language description ↓
El comité “Prosperidad” se formó con la unión de varias vecinas de la ciudad de Villa Elisa.
Todas las integrantes del comité desarrollan actividades independientes, como son las ventas, peluquería, preparación de comidas rápidas.
Las integrantes formaron un grupo muy unido y capaz de realizar conjuntamente actividades que fortalecen su compañerismo.
Una de las integrantes es la señora Aurelia R. quien se dedica a la venta de comestibles en un copetín en su casa.
Ella cada día se levanta muy temprano para preparar los comestibles más tradicionales de la zona como empanadas, milanesas, huevos, chipas.
Los preparados de la señora están hechos de forma muy higiénica y con productos nuevos y fresco, por lo que los clientes acuden con frecuencia para degustar los preparados de la señora Aurelia.
Ella solicita el crédito para la compra de los ingredientes que normalmente utiliza para sus comestibles.

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
  • 29
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,725.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Prosperidad Group's $4,275 loan helped a member to buy baked goods, vegetables, fruits, meat, condiments, beverages, disposable containers, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 17, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010