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Flor De Mburukuya Group
In this Group: Betsabe, Obdulia, Tomasa, Cinthia, Sara, Mirtha, Ada, Sixta, Filomena, María Victoria, Genara, Silvia, Francisca, Gricelda*, Mercedes*, Patricia*
* not pictured
The committee “Flor de Mburukuya” was formed as a result of several neighbors from the city of Mariano Roque Alonso joining together.


This group has had a good time working with Fundación Paraguaya. The members have demonstrated that they are strong and responsible individuals. They are eager to continue working with Fundación Paraguaya.


Sra. Betsabe is the president of the group who heads up the committee for all of the members. She has a business selling food and wants to invest her loan in expanding her establishment. This will enable her to attract more customers and generate better revenues.

View original language description ↓
El comité “Flor De Mburukuya” se formó con la unión de varias vecinas de la ciudad de Mariano Roque Alonso.
Es un grupo que lleva un buen tiempo trabajando con nosotros. Se muestran bastante sólidas y responsables, tienen muchas ganas de seguir trabajando con la Fundación Paraguaya.
La sra. Betsabe es la presidenta del grupo, ella encamina el comité en el que todas las miembros se dedican a la venta de alimentos; ella desea invertir su crédito en la ampliación del local donde vende sus comidas, para poder atraer más a los clientes y generar mayores ganancias.

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
  • 79
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,579.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Mburukuya Group's $3,500 loan helped a member expansion of a food business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 20, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011