Check out other loans that are currently fundraising!
San Rafaél Group
In this Group: Ada Noelia, Gilda , Catalina , María Graciela, Cármen Luisa, Marciana Gladys, Agapita, Matilde Eulalia, Lidia Cristina, Tomasa, María Ana, María Ramona, Astrid Rosmary, Selva , Melina Isabel, Marilina, Liz Paola*
* not pictured
This committee was formed in the San Rafael neighborhood of the city of Caaguazú. Having the necessary number of women ready to move ahead, they decided to participate in the "Women Entrepreneurs' Committee" program. They are 17 (seventeen) humble and very hard-working women.

The group met with great enthusiasm with the aim of forming a communal bank, where the responsibility is shared and the work is teamwork. They all have independent businesses, such as selling clothes, selling shoes, selling food, operating a neighborhood store, selling fruits and vegetables, etc.

Ada Noelia's work is selling perfumes and colognes. She has a good clientele, thanks to her good service and the variety of her products in terms of price and quality as well as fragrance.

She would like to increase her income by buying her merchandise wholesale and thus reducing the price she pays for it. Taking into account the arrival of the new [Southern Hemisphere] spring season, she will acquire a greater variety of fragrances suitable for the season. She is requesting the loan to carry out this plan.
View original language description ↓
Este comité se formó en el Barrio San Rafael D. la Ciudad D. Caaguazú, con la cantidad necesarias D. señoras dispuestas a progresar decidierón a participar del programa Comité D. Mujeres Emprendedoras, son 17(diez y siete) mujeres humildes y muy trabajadoras.
Las mismas con mucho entusiasmo se reunierón con el fín D. formar un grupo solidario en donD. la responsabilidad era conjunta y el trabajo D. equipo.
Ellas son independientes en sus labores como: vendedoras D. ropas,venta D. zapatos, venta D. comidas, tienen despensa, venta D. frutas y verduras etc.
La Sra. Ada Noelia se dedica a la venta D. perfumes, colonias, tiene buena clientela, gracias a la atención y a la variedad D. sus productos; tanto en fragancias, precios y calidad.
Desea incrementar sus ingresos abaratando el precio D. adquisición D. sus mercaderías mediante la compra al por mayor y, teniendo en cuenta la llegada D. la nueva temporada D. primaV., conseguir más variedad D. fragancias acordes a la estación para concretar esta idea solicita el prestamo.

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
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,730.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Rafaél Group's $2,975 loan helped a member buying a variety of perfumes and colognes wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Aug 27, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010