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Pilar Poty Group
In this Group: Ana , Jorgelina, Herminia, Zunilda, Candida, Heidi, Maria, Maria, Amelia, Jaquelin, Alicia, Lidia*, Aurora*
* not pictured
The women's committee called "Pilar Poty" was founded on September 24, 2010, and it is currently in its first loan cycle, working together in solidarity within the program.

A very moving story is that of Maria Isabel T., whose work is washing clothes. She says that through the loan, she has been able to improve her business quite a lot, as well as her income and her standard of living.

She reports that with the loan, her life has improved greatly. According to Maria, the work of the Foundation is very important because she never found this kind of opportunity elsewhere, since she is very poor.

She is requesting the loan to buy a washing machine.
View original language description ↓
El Comité de Mujeres de nombre Pilar Poty se conformó en fecha 24 setiembre del 2.010, se encuentran en el 1°ciclo, en forma conjunta y solidaria dentro del programa.
Una historia muy conmovedora es la de la Sr. Maria Isabel T. quien se dedica a la lavar ropa, nos comenta que mediante el crédito pudo mejorar bastante su actividad y su nivel de vida e ingreso económico.
Ella nos comenta que mediante el préstamo su vida mejoro bastante.
Según la Sra. Maria mencionó que la actividad que realiza la Fundación es muy importante ya que ella nunca encontró este espacio en otro lado por ser muy pobre.
Solicita el préstamo para la compra de un lavarropas.

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
  • $31,441,600
    Funds lent in using Kiva
  • 4,875.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Pilar Poty Group's $1,400 loan helped a member buying a washing machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 11, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2011