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Virgen De La Misericordia Group
In this Group: Silvia , Marina, Raquel , Liz, Mireya, Bonifacia, Mirna, Mirian, Mary, Aurelia, Mirian, Estela, Celedonia, Tomasa, Mirna, Cinthia, Leonarda, Miguela, Diana, Gladys
The Virgen de la Misericordia Communal Bank is an excellent group, which was formed on May 13th, 2010. It is comprised of 20 women from the city of Villeta. This group formed thanks to Silvia D.. Silvia approached the advisor at a loan renewal meeting in her area to find out more about the Committee of Entrepreneurial Women Program. Silvia was very enthusiastic and eager to be able to work in this program. They are now very happily working in their second cycle with the Committee of Entrepreneurial Women Program.

Silvia has a henhouse that is very well established. She raises and fattens chicks in order to sell them. She has worked in this field for quite a while. Taking into account the consumption of poultry instead of beef due to the economy, she now has good, fixed customers.

She wishes to expand her business by purchasing more chicks. She will also purchase balanced feed and equipment to provide for the chicks. This way her income will increase, and her animal production will keep growing.
View original language description ↓
El Comité Virgen de la Misericordia es un excelente comité conformado en fecha 31 de Mayo del 2.010, integrado por 20 mujeres de la Ciudad de Villeta. Este grupo se formó gracias a que la Sra. Silvia D. se acercó a la asesora en una reunión de renovación de crédito que la misma tenía en la zona para averiguar acerca del Programa del Comité de Mujeres Emprendedoras, la misma quedó muy entusiasmada y muy ansiosa de poder trabajar con este programa y ahora ya se encuentran trabajando muy contentas en el 2° ciclo del Programa de Comité de Mujeres Emprendedoras.
La Sra. Silvia posee un gallinero, muy bien montado, en el cual se dedica a la cría y engorde de pollitos para su comercialización, ya hace bastante tiempo que se dedica a este ramo y posee una buena clientela ya formada, teniendo en cuenta el consumo de la carne de ave por su economía en comparación a la carne vacuna.
Ella desea ampliar el negocio mediante la inversión en compra de mayor cantidad de pollitos, así también alimentos balanceados y equipos para el suministro de los mismos, para de esta manera incrementar sus ingresos y seguir creciendo en la producción animal.

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
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,750.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De La Misericordia Group's $1,875 loan helped a member to get chicks to fatten and raise and for balanced feed.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Sep 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011