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8 De Diciembre Ii Group
In this Group: María, Isidora, Perla, Antonia, Cirila, Estanislaa, Catalina, Trigidia, Norma, Marina, Teodosia, Cristina, Marlene, Bernardina, Antonia, Julia*, Adriana*
* not pictured
The group was formed through the efforts of Mrs Cristina M. who lives in the Caacupemí area of the Cuidad del Este. She got her friends and neighbors together to form this group in the area.
The group is called "8 de Diciembre II". They are in the first cycle and have 17 members.
It is a group that is known for being very united and responsible. The member have a very enterprising spirit and will work together in the activities that will raise the funds to safeguard the group in case of need, and intend to to comply with the rules of the institution.
Mrs. María G. has a fruit stand where she offers her customers the best products, of excellent quality. Through this business she gets good income and is able to support her family.
She wants to count on this loan to be able to buy a larger variety of fruit.
View original language description ↓
El comité se ha formado con la gestión de la señora Cristina M., quien vive en la zona de Caacupemí de Ciudad del Este. Ella contactó con sus vecinas y amigas para conformar el grupo en la zona.
El comité se denomina "8 de Diciembre II". Están en el Primer Ciclo y está constituido por 17 integrantes.
Es un grupo que se destaca en el barrio por ser muy unido y responsable. Las integrantes poseen un gran espíritu emprendedor, trabajarán en conjunto en la realización de actividades para recaudar fondos que puedan salvaguardar al comité en caso de necesidad, y pretenden tener muy buen cumplimiento con la institución.
La sra. María G. posee un puesto de venta de frutas, desde donde ofrece los mejores productos con excelente calidad a sus clientes, ya que mediante este negocio ella obtiene buenos ingresos económicos para poder mantener a su familia.
Ella desea poder contar con este crédito para adquirir más variedades de frutas.

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
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Ii Group's $2,075 loan helped a member to purchase fruit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011