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Nuevo Amanecer Group
In this Group: Maria, M. Fatima, Celestina, Sergia, M. Estela, M, Ester , Myrian, M. Catalina, Agustina*, Estefana, Diana, Purificación, Ramona, Lizza, Cinthia, Andresa, Digna, Carmen*, Jhoana
* not pictured
This committee was set up by Miss Maria Fatima M. in the San José neighborhood of the city. The committee was named “Nuevo Amanecer” (New Dawn) and it is currently in its seventh loan cycle with 19 members. It is a group of very responsible and hard-working ladies. They carry out a number of different business activities.

Some of the members already had work before becoming part of the 'Comité de Mujeres Emprendedoras' (Committee of Enterprising Women) and joined the group so that they could improve their businesses. Others, however, are just starting out with their first business activity.

The women would like to thank Fundación Paraguaya for the initiative since through it they have managed to develop their ability to work.

All of the members of the group carry out independent business activities but help and hard work are something they share.

The committee is made up of very selfless women who have fought all their lives to get their families ahead in life, in spite of the obstacles which are always to be found.

Here we can mention the case of Agustina who has been selling 'chipa' (a typical Paraguayan bread) for several years. She gets up very early in the morning to prepare her 'chipa' so that she can go out and sell it. She sells her product as a street trader. Her niece and husband help her with her sales.

Agustina would like to give special thanks to Fundación Paraguaya for the support which they have provided because it has enabled her to acquire more capital and thereby expand her business as she now has more 'chipa' sellers. She has been able to use this capital to buy ingredients such as cheese, yucca starch, corn flour and firewood for preparing her 'chipas'.
View original language description ↓
Para la formación el presente comité inicio la Señorita Ma-Fatima M. domiciliada en el Barrio San Jose de la Ciudad de.
“Nuevo Amanecer”fue denominado el comité y actualmente se encuentra en la etapa Septimo con 19 integrantes, es un grupo de señoras muy responsables y trabajadoras, ellas se dedican diversas actividades.
Algunas de las integrantes ya contaban con trabajo antes de formar parte D. comité de Mujeres Emprendedoras y se integraron para lograr mejorar su emprendimiento, otras sin embargo comienzan con su primera actividad ajena a los que se refiere su familia.
Las mujeres Agradecen a la Fundación Paraguaya por la iniciativa ya que mediante ella logramos desarrollar bastante nuestra capacidad de trabajo.
Todas realizan actividades independientes, pero ayuda y esfuerzo lo realizan en forma conjunta.
El comité lo conforman mujeres muy sacrificadas que han luchado toda su vida para llevar adelante a sus familiares a pesar de los obstáculos que siempre existen.
Se puede comentar el caso de la Sra. Agustina quien se dedica hace varios años a la venta de chipa, ella se levanta muy temprano a preparar su chipa para salir a vender.
La venta lo realiza de forma ambulante para el recorrido lo ayuda su sobrina y su marido.
La Sra. Agustina agradece de manera especial a la Fundación por que mediante el apoyo brindado por la misma pudo adquirir más capital y así poder agradar su negocio porque ahora cuenta con más vendedores de chipa, mediante la compra de insumos como queso, almidón de yuca, harina de maíz, leñas para la elaboración de chipas.


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
  • 82
    View loans »
    Paraguay Loans Fundraising
  • $31,492,275
    Funds lent in using Kiva
  • 4,760.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer Group's $4,525 loan helped a member to buy ingredients for making 'chipas' (bread), such as starch, cheese, milk, firewood, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2010
Listed
Nov 21, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011