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La Familia Group
In this Group: Cristina, Celsa, Raquel, Leidy, Cecilia, Josefa, Nancy, Emiliana, Anselma, Hilda, Daniela, María, Ramona, Gloria, Karen, Heriberta, Liz*, Sandra*
* not pictured
The women’s cooperative “La Familia”, of the Villa Salvador neighborhood in the city of Aregua, was formed thanks to an invitation from several of them to form a new group. Currently, the group finds itself in the ninth cycle in the Entrepreneurial Women’s Group Program of the Fundación Paraguaya. The group is comprised of 18 members who carry out a variety of activities.

Cristina R. is one of the members, and she dedicates herself to selling medicinal herbs. She invested the money into buying these products at wholesale, in order to increase her sales. In Paraguay, many people consume mate (hot water with medicinal herbs and yerba mate, drunk from a glass called a guampa, taken in the morning and sometimes at night).

This custom has been passed down for generations, and is practiced by adults. The people who drink this beverage on a daily basis are Cristina’s customers. Medicinal herbs sell very well, and help her generate income, allowing her to help her family.
View original language description ↓
El comité de Mujeres La Familia del barrio Villa Salvador de la ciudad de Aregua, se formo gracias a la invitación de varias de ellas de formar un nuevo grupo.
Actualmente el mismo se encuentra en el noveno ciclo del Programa Comité de Mujeres Emprendedoras de la Fundación Paraguaya y está conformado por 18 integrantes, las cuales invierten en distintas actividades.
La señora Cristina R. es una de las integrantes y se dedica a la venta de hierbas medicinales e invirtió el dinero en la compra de los mismos al por mayor, para el incremento de sus ventas.
En Paraguay mucha gente consume el mate (agua caliente con hierbas medicinales, se toma en un vaso llamado guampa con yerma mate a la mañana y en ocasiones también de tarde), esta costumbre se va heredando por generaciones y es practicada por persona adultas.
Las personas que diariamente consumen esta bebida son los clientes de la señora Cristina.
Las hierbas medicinales es un producto que tiene mucha venta y le ayuda a ella con el ingreso de su familia, y de esta manera ayuda a su familia.

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
  • 44
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,920.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Familia Group's $2,900 loan helped a member to purchase medicinal herbs.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Oct 26, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011