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La Paz Group
In this Group: Elizabeth, Daisy, Iris, Carlina, Gabriela, Luciana, Isabel, Mirta, Nilsa, Pricila, Nidia, Sandra, Lilian, Cynthia, Zully, Norma, Gregoria, Rosa*, Carmen*, Juana*
* not pictured
Sra. Mari Luz led the organization of this committee. She lives in the San Sebastian neighborhood of Presidente Franco. It's a local committee that she organized by asking her friends and neighbors to join. The group is called "La Paz" (Peace) and is now starting its seventh round of fundng with 20 members. The group is notable in the neighborhood for being united and responsible in their dealings with one another. The members share an entrepreneurial spirit and all operate small businesses.
One of the members is Sra. Elizabeth who operates a business selling herbal medicines. She has operated the business for a while now and it's profitable because she buys wholesale supplies of the herbs and sells them in smaller batches. She will use the loan to buy supplies of new herbal medicines (bags of apple blossom, boldos, etc.).
View original language description ↓
Para la formación el presente comité inicio la Señora Mari Luz, quien vive en la zona D. Barrio San Sebastián de Presidente Franco.
La Señora decidió formar el comité en la zona, para ello Contacto con sus vecinas y amigas para formar el grupo en su comunidad.
El comité se Denómina “La Paz” están en el Séptimo Ciclo con 20 integrantes, es un grupo que se destaca en el barrio por ser muy unidas y responsables entre ellas, las mismas poseen un gran espíritu emprendedor, ya que realizan labores para la recaudación de la caja chica.
Una de las integrantes es la señora Elizabeth quien se dedica a la venta de remedios naturales.
Esta actividad lo viene realizando hace un buen tiempo y le deja buena ganancia ya que ella compra los remedios en gran cantidad por bolsa y lo fracciona en pequeñas cantidades para volver a vender.
Para la compra de nuevas mercaderías (bolsa de manzanillas, boldos, y otros) 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
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 4,645.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Paz Group's $3,150 loan helped a member buy wholesale supplies of herbal medicines.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Dec 10, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2011