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Las Reinas Group
In this Group: Melania , Patricia , Bety , Rossana , María Estela, Mirta , Faviola , Laura , María Lourdes, Reina , Gloria , Vilda, Silvia , Pablina , Miguelina *
* not pictured
This group was formed thanks to the support and unity of several women who are neighbors from Villa Elisa. One of the members, Ms. Laura Patricia Rodriguez, came to the foundation to learn more about our programs. Currently, this group is in "strengthening" process, where every member carries out their own business. They also have a member with a sick child, and they are all helping her.

Mrs. Melanie L., for example, sells clothing by going from house to house. She does this in order to obtain a higher income and better standard of living for her family.

Group members are all working together. Although they still need help in management, they are eager to continue with their different business activities. They appreciate very much the help given to them by the foundation and the "Mujeres Emprendedoras" committee.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,608.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Reinas Group's $1,750 loan helped a member to purchase clothes and underwear.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Feb 10, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011