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Mujeres Talentosas Group
In this Group: Juana, Venancia, Johana, María, Luisa, Gladys, Epifania, Fanny, María , Marcelina, Herminia, Isabel, Antonia, Raquel , Liz, Nélida*
* not pictured
The “Mujeres Talentosas” (Talented Women) communal bank is currently in its 5th cycle. It was formed thanks to the enterprising spirit that motivates them each working day. Its members are already involved in a productive activity so each one is developing in her own micro business. They use their loan to foster and vary the activity they are already carrying out such as: purchase of seasonal items like clothes, sandals, athletic shoes, footwear, sportswear, caps, hats, etc.

Mrs. María D., for example, buys and sells clothes in her neighborhood and adjacent areas to provide income for her family so that they can live properly.

All the members double their efforts in an attempt to improve their income and offer their children the possibility of accessing a good academic preparation and thus good employment options.
View original language description ↓
El comité “Mujeres Talentosas” cumple actualmente su 5º ciclo y se formó gracias al espíritu emprendedor que las mueve para cada jornada laboral, sus integrantes ya realizan una actividad productiva, por lo que ya se desenvuelven cada una en su propia microempresa, utilizan su crédito para fomentar y variar la actividad que ya están realizando como ser: compra de artículos de ocasión como ropas, zapatillas, championes, calzados deportivos ,kepis, gorras, etc.
La sra. María D. por ejemplo compra y vende ropas dentro de su barrio y alrededores para poder provver un ingreso económico a su familia de modo que vivan dignamente.
Todas las integrantes redoblan esfuerzos tratando de mejorar sus ingresos y así poder ofrecer a sus hijos la posibilidad de acceder a una buena preparación académica y por consiguiente una buena opción laboral.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,610.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Talentosas Group's $2,600 loan helped a member to buy t-shirts, jeans, caps, shorts, Capri pants, scarves, gloves, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2011
Listed
Feb 8, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011