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Virgen De Fatima Group
In this Group: Nilda , Sandra , Nilda Maribel , Buena Esperanza , Celsa , Fabiana , Cirenia , Pastora , Santa Beba , Mirian Eustaciana , Norma Beatriz , Zulma , Emila *, Egicia Petrona *
* not pictured
This committee was formed thanks to the efforts of Sra. Celsa M., who lives in the city of Belén in the District of Concepción. She serves as the president and was motivated by the idea of doing something good for her fellow group members. Celsa had a vision for the future of a committee that would help each member make progress. The members happily accepted her invitation to form this committee of enterprising women called “Virgen D. Fatima” (Our Lady of Fatima) in honor of the Virgin Mary who blesses each committee meeting according to one’s faith.


The committee has 14 members. Most of them engage in small businesses that incluD. selling short order meals, offering merchandise, and raising animals in hopes of generating a small profit in the near future. All of them hope to keep fighting in order to stay ahead. Each day they seek to make progress for themselves and their communities.


Sra. Nilda has been selling short order meals for some time. She earns her income in this manner as a way of supporting her family. In addition, she hopes to have a peaceful retirement so she works hard in order to save. The loan she is requesting will be used to buy flour, cheese, milk, eggs, and other necessary ingredients for preparing her meals.

View original language description ↓
Este comité se formó gracias a la señora Celsa M. que vive en la cuidad D. Belén, distrito D. Concepción. La presidenta se motivo en la idea D. producir un bien para sus compañeras, dando una visión futura D. que a través del comité estarían alcanzando el progreso D. cada una.
Encantadas aceptaron conformar el comité D. mujeres emprendedoras nombrándolo Comité Virgen D. Fatima en honor a la virgencita que las bendice (según su fe) en cada reunión realizada por el comité.
El comité cuenta con catorce (14) miembros en donD. la mayoría se dedica a pequeñas actividades desD. la venta D. minutas, mercaderías y hasta la cría D. animales D. tal manera que en un futuro no muy lejano les estaría produciendo una pequeña ganancia a través D. su venta.
Todas tienen la esperanza D. seguir luchando por salir adelante, buscando el progreso D. cada una D. ellas y la D. su comunidad.
La sra. Nilda se dedica a la venta D. minutas desD. hace mucho tiempo, ella genera ingresos D. esta manera para mantener a su familia, además desea poder tener una vejez tranquila, por lo que trabaja mucho para poder ahorrar.
Ella solicita el crédito para comprar harinas, quesos, leche, huevos y otros productos primos para la preparación D. sus minutas.

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,060.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fatima Group's $1,875 loan helped a member to purchase flour, cheese, milk, eggs, and other necessary ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2011
Listed
Apr 17, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011