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Punta Del Este Group
In this Group: Olga, Rosana, Clara, Teresita, Lidia, Dionicia, Nélida, Basilicia, Gregoria, Maura, Teresa, Mirta, Juana, María, Sofía, Liza, Amelia, Juana
The women in this committee are from the Punta del Este neighborhood of the city of Tobati, which is 26 kilometers from the regional office in Caacupé.

These women are very satisfied with the economic support that Fundación Paraguaya offers them. With this capital, the women are expanding their small businesses and thus increasing their income for a better quality of life.

They are in their 5th loan cycle and have 18 members.

Sra. Olga, who is a member of the group, has a restaurant that is quite busy. She already has a well-established clientele. She offers good service and quality products. She sells fast food and also lunches, soft drinks and other beverages, fruit salads, etc.

She wants to expand her business with more varieties of food, such as dietetic and vegetarian; in addition, with the coming of spring, she wants to sell ice cream and a greater variety of beverages.
View original language description ↓
Las mujeres del presente comité son del barrio Punta del Este, el mismo nombre del comite.

Las señoras están muy satisfechas con el apoyo económico que les está brindando la Fundación Paraguaya, con este capital las señoras están aumentando sus pequeños negocios y así también sus ingresos para una mejor calidad de vida.

Las señoras están en el ciclo Nº 5º con sus 18 integrantes.

La Sra. Olga quien forma parte de comite, posee una cantina, la misma es bastante concurrida, posee una buena clientela ya formada, brinda buena atención y calidad con sus productos, se dedica a la venta de comidas rápidas y así también almuerzos, a la vez bebidas, gaseosas, refrescos, ensaladas de frutas, etc.

Desea ampliar el negocio con mas variedad de comestibles, así como los dieteticos y vegetariano, además,teniendo en cuenta la llegada de la primavera deseea comercializar helados y más variadas bebidas.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,891.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Punta Del Este Group's $3,450 loan helped a member acquire products to prepare foods such as meats, bread, vegetables, condiments, beverages, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Oct 27, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2011