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Mujeres De Nazareth Group
In this Group: Leongina, Raquel, Dominga, Agustina, Anastacia, Demetria, Eulalia, Hilaria, Dionisia, Maria, Germana, Vicenta, Inocencia, Mercedes, Noelia, Patricia, Laura*, Carmen*, Marlene*, Cintia*
* not pictured
The communal bank "Mujeres de Nazareth" is made of a group of several neighbors from the city of Mariano Roque Alonso. All the members of the bank work in sales and the preparation of fast food. Señora Leongina, one of the members of the group, sells clothing, beverages, sweets, food, etc. in her general store. She has a very close knit family consisting of her husband, who works as a stone carver (craftsman), and their 2 children. Leongina is very satisfied with her profession and is very grateful for the training that the group receives.

She is requesting a loan to buy more merchandise for her snack bar (sweets, food, beverages, etc.) and more clothing to sell.
View original language description ↓
El comité “Mujeres de Nazareth” se formó con la unión de varias vecinas de la ciudad de Mariano Roque Alonso.
Todas las integrantes del comité se dedican a las ventas y preparación de comidas rápidas.
La Señora Leongina es una de las integrantes del comité, ella se dedica a la venta de ropas, de bebidas, golosinas, comestibles, etc. en su tienda general.
Ella tiene una familia muy unidad con 2 hijos y su marido, quien se dedica a la cantera (artesanía).
Leongina se encuentra muy satisfecha con su actividad y muy agradecida por las capacitaciones que recibe el grupo.
Ella solicita el crédito para la compra de más mercaderías para su copetín (golosinas, comestibles, bebidas, etc.) y más ropas para vender.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $31,365,875
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Nazareth Group's $2,975 loan helped a member to purchase more merchandise for her general store such as sweets, beverages and food.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Mar 15, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011