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Jokoi Lo Mita Group
In this Group: Ana Maria, Jorgelina, Monica, Rosaria, Jorgelina, Maria Elena, Fabiola, Katherine, Juana, Narciza
The members of the Santiago area Jakoi lo Mita committee are domestic workers who sell homemade products.

On Sundays, they organize raffles of hand-embroidered sheets and quilts. They contribute the proceeds to the common fund which helps them pay their loans and build their savings account. They are neighbors and hold meetings to plan activities.

One of the members, Ms. Ana Maria, sells food that she prepares herself in her home. Usually, she cooks with homemade ingredients using home grown products.

The food that she prepares is transported by bus to the market where she sells everything in a few hours.

In order to earn money to feed her family, she gets up very early every morning to prepare everything and then go to the market to sell her products.

The loan is for the purchase of large lunch boxes which will make it easier to transport the food.
View original language description ↓
Las integrantes que conforman el comité Jakoi lo Mita, de la zona de Santiago, se dedican al trabajo doméstico y a la venta de los productos que las mismas producen en sus casas.
Los días domingos organizan sorteos de sabanas y colchas que ellas mismas bordan y así contribuyen para el fondo común que les ayudara con los pagos del créditos y contar con ahorro.
Son vecinas y comparten las reuniones donde planifican las posibles actividades que estaran realizando.
Una de la integrantes es la señora Ana Maria quien se dedica a la venta de comestibles que ella misma prepara en su casa, con los productos que ella produce, en general ella cocina utilizando ingredientes caceros.
Los comitibles que ella prepara lo traslada en bus hasta el mercado donde en pocas horas vende todo lo que lleva.
Esta tarea de levantarse muy temprano a la mañana, preparar todo, salir y vender sus productos lo realiza cada mañana muy temprano, asi ella puede ganar dinero para los gastos de alimentacion diaria para su familia.
Solicita el prestamo para la compra de vianda grandes que facilitará el traslado de los 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

  • $8,400
    Average annual income
  • 134
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,725.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Jokoi Lo Mita Group's $725 loan helped a member purchase of lunch boxes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 23, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010