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Vy´a Renda Group
In this Group: Carmen , Aurelia, Maria, Isidra , Valentina, Eulogia, Wencelaa, Johana, Adelina, Ramona, Aurelia, Maria
The members of the "Vy´a Renda" Group are women who are very active and hard-working. Through a variety of work, they strive to get ahead in order to improve their family's earnings.

For instance, one of the members is Ms. Carmen, who is a domestic worker at a family's house in the mornings, and works making homemade sweets in the afternoons. She makes several different types of sweets, which she then sells to various businesses in the area.

She is requesting this loan to purchase ingredients for making her sweets, such as: sugar, fruits, honey, and other ingredients.
View original language description ↓
Las integrantes del Comité Vy´a Renda son señoras muy activas y trabajadoras quienes procuran mucho para salir adelante realizando diversos trabajo para mejorar los ingresos de la familia.
Así una de las integrantes es la señora Carmen quien trabaja como empleada domestica en una casa de familia por la mañana y por la tarde se dedica a la elaboración de de dulce caseros.
Ella elabora dulce de distintos tipos de dulces que posteriormente ella vende a varios negocios de la zona.
Solicita el prestamos para la compra de ingrediente para elaborar dulces como: azúcar, frutas, miel, y otros.

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
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $28,194,900
    Funds lent in using Kiva
  • 4,720.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Vy´a Renda Group's $2,600 loan helped a member to buy fruits, sugar, honey, and other ingredients for making sweets.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2010
Listed
Jul 21, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010