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Buena Fé Group
In this Group: Maria, Cesarina, Miguela, Maria, Celsa, Maria, Griselda, Karina, Ailza, Ramona, Luz, Maria , Alicia, Brigida, Liz
The Buena Fé ("Good Faith") committee was born in December 2008 with the guidance and support of another committee that was working in the same location. They continue to bring some new members into the group.

One of the members is Señora Maria, a hardworking woman who sells fruit in the municipal market from a rented booth. She buys fruit from suppliers who travel in from the countryside and sell their fruit at lower prices than local suppliers. She has been doing this work for a while and has customers who visit for the quality of her products.

Currently the fruit that customers buy most are bananas, oranges, pineapple and watermelon. It is to buy these that she has requested the loan.
View original language description ↓
El comité Buena Fé nace en diciembre de 2008 mediante la gestión y el apoyo de otro comité que se encontraba trabajando en dicho lugar.
Hasta la actualidad siguen trabajando con algunas integrantes nuevas dentro del grupo.
Una de las integrantes es la señora Maria, una mujer muy trabajadora, quien se dedica a la venta de frutas en mercado municipal, desde un puesto que alquila.
Ella compra las frutas de los proveedores que llegan de interior del pais y venden a menor precio que los proveedores locales.
Se dedica a esta activida hace un buen tiempo y cuenta con clientes que la visitan por la calidad de sus productos.
Actualmente las frutas mas consumidas por los clientes son las bananas, nanaranjas, piñas, sandias y para la compra de los mismos ella solicita el préstamo.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $28,083,575
    Funds lent in using Kiva
  • 4,675.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Buena Fé Group's $2,250 loan helped a member buying fruit: bananas, oranges, pineapples, watermelons and others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Nov 24, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011