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Mburucuja Group
In this Group: Gladis, Andresa, Olga, Olga, Enriqueta, Ana, Porfiria, Fernanda, Alba, Saturnina, Apolonia, Cynthia, Ana, Rita, Margarita, Ramona, Ursulina, Ursulina*
* not pictured
This group is currently on their tenth loan cycle and each member has acquired a great deal of experience in their individual businesses. The members of the group are very close having faced many difficulties together.

One of the members is Fernanda F.. She is 59 years old and she has 2 children. She sells clothing, distributing to the various stores in the city of Lambare and other neighboring regions. She works in the afternoons, only returning home when the night has fallen. She is a very hard working and brave woman, for the struggles she faces day after day for the sake of her children.

Her goal is to have a store of her own.

She is able to cover the household expenses and her children's tuition with her business. She requests a loan to purchase jackets, blouses, shirts, shorts, sun dresses, and shoes among other clothing merchandise.
View original language description ↓
Este comité se encuentra trabajando dentro del decimo primer ciclo, todas ya con mucha experiencia en las actividades que realizan.
Realmente es un comité muy unido ya que han superado varios inconveniente para continuar con el grupo.
Una de las integrantes es la señora Fernanda F. con 59 años de edad, tiene 2 hijos, se dedica a la venta de ropas que distribuye en las tiendas el de la ciudad de Lambaré y en otras localidades cercanas lo realiza en la hora de la tarde y regresa a su casa ya cuando oscurece .
Es una señora muy trabajadora y valiente porque lucha para el día a día y de esa forma poder salir adelante con sus hijos.
Lo que anhela es tener su propio local comercial.
Con su trabajo ella sostiene los gastos de la casa y de sus dos hijos que estudian.
Solicita el préstamo para la compra de remeras, blusas, camisas, shorts, soleras, zapatillas, y otros.

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
  • 68
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,915.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mburucuja Group's $3,400 loan helped a member to purchase clothing for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2010
Listed
Oct 19, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2011