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Fortaleza Group
In this Group: Saida , Maria, Petrona, Porfiria, Maria, Martha, Mirta, Blanca, Maria, Mariela, Antonia, Delia, Eva, Lucia*, Susana*, Aurelia*, Elvira
* not pictured
The Fortaleza [Fortitude] Committee, located in Capiata, was born two years ago with the guidance and support of another committee that was operating in the same place. In those more than two years of intense work they have grown socially as well as financially. They are well-known in their area as very hard working women.

One member, Saida, is a vendor of empanadas and drinks. She has a stand in a high-traffic location and she's got all the tools of the trade for preparing and cooking her meals, along with a cooler for chilling the drinks.

Saida says that the work requires self-sacrifice but it supports the family and she wants to keep with it. Currently, the price of meat, her main ingredient, is very high, and she's seeking a loan to purchase some and to buy drinks, particularly different flavored sodas.
View original language description ↓
El comité Fortaleza nace hace más de dos años mediante la gestión y el apoyo de otro comité que se encontraba trabajando en dicho lugar.
Este comité es de Capiata, en estos más de dos años de intenso trabajo han crecido tanto social como económicamente, son reconocidas en el lugar como mujeres muy trabajadoras.
Una de las integrantes de este comite es la señora Saida quien se dedica a la venta empanadas y bebidas.
Ella posee un puesto en un lugar muy concurrido y ahi mismo posee todas su herramientas de trabajo para la preparación y coccion de sus alimentos.
Tambien cuenta con una conservadora en el cual enfria sus bebidas.
Comenta que es un trabajo muy sacrificado pero que es la que mantiene a su familia y quiere continuar con el mismo.
Actualmente el precio de la carne, insumo princual de sus comestibles esta muy cara y solicita el prestamo para la compra del mismo y tambie para la compra de bebidas especialmente gaseosa de diferentes gustos.

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
  • $27,485,400
    Funds lent in using Kiva
  • 4,675.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Fortaleza Group's $3,125 loan helped a member to buy drinks and meats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Nov 24, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011