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Renacer Group
In this Group: Carolina, Graciela, Reinaldo, Cesarina, Norma, Concepción, Florentina, Zonia, Marciana, Fermina, Fidelina, Bacila, Limpia, Maria, Hilda, Claudia, Mercedes, Maria
The 'Renacer' women's committee was created on the 16th of September 2008. It was set up by Mrs Carolina V. who had already participated in another group in the program.

Carolina is the current group president and her business is selling costume jewelry which she makes herself. She makes the jewelry according to the orders which she receives from her customers. As well as making earrings, chokers and bracelets, she is currently beginning to make embroidered slippers as well which are proving very popular with her customers. Her products are very much admired by her customers and maker her good profits. For this reason, she would like to continue in this business.

She is requesting this loan to buy all the accessories which she needs to make her new goods. She comments that she is very happy with the group and that she would like to continue as everybody is working with great care on their 7th loan cycle. Currently the group has 19 female members who work together and with mutual support within the program.

All the group's members carry out business activities to make funds and they help each other out to achieve their common aims which they all have within the group and with Fundación Paraguaya. They participate actively in the weekly meetings and work supportively in an impeccable manner.
View original language description ↓
El Comité de Mujeres de nombre Renacer, se conformó en fecha 16 de Setiembre del 2.008, mediante la Sra. Carolina V., quien ya había participado del programa en otro grupo.
Ella es la actual presidenta del grupo y se dedica a la venta de bijouterie, fabricadas por ella misma.
Ella fabrica los bijouterie, de acuerdo a los pedidos que recibe de los clientes, además de los aros, gargantillas, pulseras, actualmente está comenzando con las zapatillas bordadas que tiene buena aceptación de los clientes.
Sus productos son muy admirados por los clientes y el deja buena ganancia, por lo que quiere continuar con la actividad.
Solicita el préstamo para la compra de todos los accesorios que la ella necesita para la elaboración de nuevas mercaderías.
Ella comenta que se encuentra muy satisfecha con el grupo y que desea continuar ya que todas trabajan con esmero ya en el 7º ciclo, y en la actualidad el grupo esta conformado por 19 mujeres que trabajan en forma conjunta y solidaria dentro del programa.
Todas ellas realizan actividades para recaudar fondos, se ayudan mutuamente para llegar a los objetivos en común que todas tienen dentro del grupo y con la Fundación Paraguaya.
Participan activamente en las reuniones semanales y tienen un trabajo solidario impecable.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $28,140,525
    Funds lent in using Kiva
  • 4,902.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $4,200 loan helped a member to buy different size and colored beads, sequins, pearls, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 16, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011