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Renacer Group
In this Group: Liz Lorena, Teresa, Del Rosaria, Zulma, Lidia, Leticia, Elsa, Jovina, Veronica , Luz, Lorenza, Maricia*, Mariana*
* not pictured
The Renacer (Rebirth) group was restarted thanks to the help of Mrs. Lorena B. and the support of another group that was working in the same place. This group is from Capiatá, and these women have very well-defined goals and are very hard-working. The group has overcome a very difficult struggle, as two of the members did not make their weekly payments. They canceled the loan and assumed the responsibility of restarting their group.


Lorena B., the group's president, works in a restaurant in Asuncio. She only works on week days and on the days she does not work in the restaurant, she works selling food from her home since she has the skill to prepare and sell. She has three children and they are all studying. She is asking for the loan to buy the ingredients she uses to make the food.

View original language description ↓
El comité Renacer volvio a formarse gracias ala gestión dela Señora Lorena B. y el apoyo de otro comité que se encontraba trabajando en dicho lugar.
Este comité es de Capiatá, estas señoras tiene bien en claro sus metas son muy trabajadoras.
Han pasado por una prueba muy difícil en el comité anterior ya que dos de las compañeras incumplieron en los compromisos de pago semanal, cancelaron el crédito y asumieron el compromiso de levantar nuevamente su comité.
La Presidenta Lorena B. trabaja en un Restaurant en Asuncio.
Ella trabaja solo algunos días de la semana y esos días que no trabaja quiere dedicarse a la venta de comidas en su propio domicilio ya que tiene la posibilidad de preparar y de vender.
Tiene tres hijos todos entran en la escuela vive.
Solicita el préstamo para la compra de ingredientes que ella utiliza para la elaboración de comestibles.

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
  • 64
    View loans »
    Paraguay Loans Fundraising
  • $28,811,550
    Funds lent in using Kiva
  • 4,875.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $1,000 loan helped a member to buy ingredients, especially meat, to make food.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2010
Listed
Oct 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011