Check out other loans that are currently fundraising!
Mujeres Divinas Y Encantadoras Group
In this Group: Dora, Celina, Gloria, Luciana, Juana, Maria Asuncion, Maria Dominga, Ramona, Luz, Claudia, Patricia, Eugenia, Elena, Marta*, Anuncia*, Gloria*
* not pictured
These women are from the Pedrozo company of the city of Caacupe.

The ladies are very grateful to the Fundación Paraguaya because thanks to them they were able to receive a loan that they will invest in and see their businesses grow, which will create more income that will help them improve their quality of life and that of their families.

The president, Mrs. Dora M., is a hardworking woman and mother to a girl who has lupus. She is grateful for the opportunity given by the foundation, since it is easy to acquire loans and the preparations given by them. Mrs. Dora will be able to invest in her business, selling milk, by buying cows and bottles, she will be able to have more income and use it to meet the expenses required for her daughters’ treatment.

View original language description ↓
Dichas mujeres son de la compañía Pedrozo de la ciudad de Caacupe.
Las señoras están muy agradecidas con la Fundación Paraguaya porque gracias a las facilidades del crédito van a poder invertir y hacer crecer de ese modo sus negocios, generando mayores ingresos, que le ayudarán en un corto plazo a mejorar su calidad de vida y la de su familia.
La presidenta, la Sra. Dora M., es una mujer muy trabajadora, madre de una hija que tiene la enfermedad de lupus, ella gracias a la oportunidad que le ofrece la fundación, con su facilidad de crédito y sus capacitaciones, va a poder invertir en su negocio de venta de leche, comprando las vacas que le faltan y los bidones, y de ese modo generar mayores ingresos para seguir solventando los gastos que requiere el tratamiento de su hija.

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
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,550.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Divinas Y Encantadoras Group's $1,800 loan helped a member to buy bottles to store the milk and to buy dairy cows.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011