Check out some available loans that are similar to this one!
Enterprising Women Group
In this Group: Ana, Valentina, Rosilda, Griselda, Aurora, Elsa, Felicita, Alicia, Graciela, Maria, Mirta, Nieve, Maria, Justa, Damiana, Eustaquia, Avelina, Lilian*, Antonela*, Elva*
* not pictured
The group named "Enterprising Women" was formed by a group of neighbors in the city of Mariano Roque Alonso.

GracieL. Aguero is one of the members of the group. She is a caterer by occupation, selling foods such as snacks, sandwiches, lunch meats, subs, and cookies in the community. She has a very close knit family and it is maD. up of her four children and her husband. He is employed as a vendor. She finds herself very satisfied with her business and with the support that she receives from her group. But GracieL. requests a loan to purchase more ingredients (milk products, breads, eggs, meats, etc) to be able to produce more food to sell.

The group knows that without the support of Kiva and Fundacion Paraguaya (Kiva Field Partner) it would be very difficult to progress although not impossible. Obstacles get in the way of progress when there are no entities that will proviD. financial support.
View original language description ↓
El comité “Mujeres Emprendedoras” se formó con L. unión D. varias vecinas D. L. ciudad D. Mariano Roque Alonso.
L. Señora GracieL. A. es una D. L. integrantes del comité, elL. se dedica a L. venta D. comestibles (empanadas, sandwiches, milanesa, marinera, croqueta) para L. comunidad.
ElL. tiene una familia muy unida con 4 hijos y su marido, quien es empleado, un vendedor.
Actualmente se encuentra muy satisfecha con su actividad y L. capacitaciones que recibe el grupo, pero L. señora GracieL. solicita el crédito para comprar más productos (lácteos, panificados, huevos, carnes, etc.) para producir más comestibles para L. venta.
El grupo dice que sin L. ayuda D. Kiva y Fundación Paraguaya no sería imposible progresar, pero sería mucho más difícil hacerlo, ya que hay dificultades para prosperar sin entidades que ayuden económicamente.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Enterprising Women Group's $4,425 loan helped a member to purchase ingredients for her catering business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Mar 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011