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Mujeres En Acción Group
In this Group: Cipriana, María, Hilaria, Agustina, María Clara, Juliana, María Ana, Fátima, Rosalina, Ofelia, María Pascuala
María M., from km 12 Acaray, Asentamiento Bello Horizonte in Ciudad del Este, contacted her neighbors and friends to form a committee in their area.
The committee is named “Mujeres en Acción”. The group is on its 8th cycle with 11 members. The group is very united, supportive and responsible. The members have a great enterprising spirit. They stay up to date with their payments by working to collect funds to repay the loans, with motivation and they want to try to finish this cycle responsibly with institution.
Juliana, for example, sells drinks. She usually provides drinks for birthday parties, weddings, or other celebrations in the area. She is very well known for the good service she offers. However, her goal is to improve her quality and add some variety to her business. For this reason, she is requesting a loan from Kiva and she hopes she will receive financial help.
View original language description ↓
La señora María M., del km 12 Acaray, Asentamiento Bello Horizonte de Ciudad del Este, contactó con sus vecinas y amigas para formar el comité en la zona.
El comité se denomina “Mujeres en Acción”, está en el Octavo Ciclo con 11 integrantes. Es un grupo muy unido, solidario y responsable, las integrantes poseen un gran espíritu emprendedor, ya que están al día con las cuotas, realizan actividades de recaudación de fondos, como también de motivación, y pretenden terminar esta etapa con muy buen cumplimiento de responsabilidad con la institución.
La sra. Juliana, por ejemplo, se dedica a la venta de bebidas, ella provee generalmente para fiestas de cumpleaños, bodas o festejos varios que se realizan en su zona, es muy conocida por la buena calidad que ofrece, pero su meta es aumentar dicha calidad, y aumentar variedad a su negocio, por ello solicita el préstamo de Kiva, esperando contar con su ayuda financiera.

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
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Acción Group's $2,650 loan helped a member to buy beer, soft drinks, cider, juices, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Apr 2, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011