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Renacer Ii Group
In this Group: Maria, Maria, Obdulia, Eudelia, Josefina, Elsa, Julia, Fermina, Leopoldina, Elva, Del Carmen, Epifania, Jessica, Deisy, Teresa, Luisa*
* not pictured
This communal bank is working in their fourth cycle. They are receiving training from counselors on how to work as a team and the advantages of working as a team. The training takes place during the fourth cycle.

Luisa B., age 45, is one of the members. She has two children, and they stay at home while she leaves to sell her merchandise (“braseros”: containers used to burn coals to heat houses). Every morning she sells in the Lambaré area. She later returns home to prepare lunch. She leaves again in the afternoon to sell.

She is a very self-sacrificing woman who has a tedious daily work schedule. Upon arriving home from work she needs to do the housework. Everything she does is to get her family ahead.

She is requesting the loan to buy aluminum to make the braseros. Her husband, a blacksmith, makes them.
View original language description ↓
El presente comité se encuentra trabajando en dentro del cuarto ciclo y se encuentran recibiendo la capacitación de los asesores sobre como trabajar en equipo y las ventajas del mismo que se desarrolla en el 4° ciclo.
Una de las integrantes es la Señora Luisa B. con 45 años de edad, tiene 2 hijos que se quedan en la casa mientras ella se va a vender sus mercaderías (braceros: recipiente de metal usado para hacer fuego de carbón) por la mañana en la zona de Lambaré este trabajo lo realiza todas las mañanas, luego regresa a su casa prepara para el almuerzo y vuelve a salir por la tarde para a hacer su venta.
Es una señora muy sacrificada que tiene un día a día muy pesado por que al llegar de su trabajo debe de realizar las tareas de la casa y todo lo hace para salir adelante con su familia.
Ella solicita el préstamo para la compra de aluminio para la fabricación de braceros, la fabricación lo realiza su marido quien es herrero.

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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,765.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Ii Group's $2,900 loan helped a member buy aluminum.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2010
Listed
Aug 13, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010