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Renacer Group
In this Group: Ida, Natalia, Modesto, Camila, Maria, Liliana, Mirta, Nidia, Blanca, Elsa, Nidia, Liz, Maria, Luz*, Alejandra*
* not pictured
This committee is in its third cycle with all the members working together in the responsible and mutually supportive way that characterizes the group.

One of the members of the group we can talk about is Mrs. Luz Marina Muños, 45. She has two children that stay at home while she goes to make her meals to sell in the morning. Then she returns home to prepare lunch and returns during the afternoon to continue selling.

She is a very dedicated woman whose work day is quite laborious because when she gets home from work she still has all the household chores to do. She does all this in order to get ahead with her children because she’s a single mother and this is how she pays household expenses and expenses of her two children who go to school.

She is asking for the loan to buy meat and other ingredients for her meals.
View original language description ↓
El presente comité se encuentra, en su tercer ciclo trabajando en conjunto entre todas las integrante con la responsabilidad solidaria que caracteriza al grupo.
Una de las integrantes y de quien se puede hablar es la Sra. Luz Marina Muños con 45 años de edad, tiene 2 hijos que se quedan en la casa mientras ella va a hacer sus comestibles para la venta por la mañana, luego regresa a su casa prepara para el almuerzo y vuelve a salir por la tarde para a hacer su quiniela.
Es una señora muy sufrida que tiene un día a día muy pesado por que al llegar de su trabajo debe de realizar las tareas de la casa y todo lo hace para salir adelante con sus hijos ya que es madre soltera.
De esta manera ella sostiene los gastos de la casa y de sus dos hijos que van en la escuela.
Solicita el préstamo para la compra de carne, y otros insumos para sus comestibles.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,700.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $5,000 loan helped a member to buy meat and other ingredients for food preparation.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2010
Listed
Nov 29, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011