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Tarumandy Poty Group
In this Group: Felicita, Luz, Rocio, Epifania, Leonidas, Honoria, Cristina, Maria , Gladyz, Liz, Lida, Perla, Rossana, Gabriela*, Limpia*, Lilian*
* not pictured
The main contact at the beginning of this group was Ms. Rocio Carolina L., who invited and organized her friends to come together to join the "Comité de Mujeres Emprendedoras" ["Enterprising Women's Program"].

Ms. Felicita E. de Olmedo is one of the members and she is very satisfied with her work. Every day, she sells a large quantity of empanadas [typical stuffed bread pastries] and natural juices. She says that this has helped her a lot, and that she feels fully realized as a woman now that she can help her family significantly with the profits she earns from selling foods.

She is requesting this loan to buy meat, as the current price is rather high, so she wants to take advantage of this loan to buy in a larger quantity.
View original language description ↓
El contacto para el inicio del presente comité fue la señora Rocio Carolina L. quién invito y organizo a sus amigas para formar parte del programa Comité de Mujeres Emprendedoras.

La Sra. Felicita E. de Olmedo es una de las integrantes y se encuentra muy satisfecha con su actividad ya que diariamente vende gran cantidad de empanadas, y jugos naturales.
Comenta que le ayuda mucho y que se siente realizada como mujer ya que le ayuda mucho a su familia, con el ingreso que obtiene en su actividad de ventas de comestibles.
Ella solicita el préstamo para la compra de carne ya que el precio actual es bastante alto y desea aprovechar el crédito y adquirir en gran cantidad.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,749,875
    Funds lent in using Kiva
  • 4,920.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Tarumandy Poty Group's $2,575 loan helped a member to buy ingredients for preparing foods, and especially to buy meat.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 27, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2011