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Mujeres En Accion Group
In this Group: Liz , Daniela , Nathalia , Remigia , María , Alicia , María , Gorgonia , Mirian , Lilian , Noeliana , Ada , Costancia , Perla , María , Ramona , Angélica , Hilda
Señora Liz R. had the initiative to set up this committee. She contacted friends and neighbors to establish the committee in her community. The committee is called "Mujeres en Acción" [Women in Action]. It is in its first loan cycle with 18 members. It is a group that stands out in the neighborhood. They plan activities and incentives for the group in case it is needed by any member.

Señora Liz earns a living at dressmaking. She has many clients throughout the area but does not have an adequate supply of materials to complete all the orders she receives, since she does not have sufficient money to purchase in the quantities she needs to carry out her work. Thus she is requesting the loan so that she may buy all the materials she needs, especially cloth, which is the most expensive item she must get, and the most important. This is her way of earning the necessary income to be able to financially support her family, as do the other women, who also contribute to the family piggy bank with profits from their labor.
View original language description ↓
Para la formación del presente comité tuvo la iniciativa la señora Liz R.. Ella contactó con sus vecinas y amigas para formar el comité en su comunidad.
El comité se denomina ”Mujeres en Acción“, está en el Primer Ciclo con 18 integrantes, es un grupo que se destaca en el barrio, realizan actividades e incentivos para el grupo en caso de que alguna compañera lo necesite.
La sra. Liz se dedica a la confeccion, ella posee muchos clientes por la zona, pero los materiales para cumplir con todos los pedidos no le abastecen, pues ella no posee el dinero suficiente como para adquirirlos por cantidades que completen las necesidades de sus trabajos.
Por ello solicita el crédito, para poder comprar todos los materiales que necesita, en especial telas, pues es lo más caro que debe obtener, y lo principal.
Es su medio de ganar el ingreso necesario para poder mantener económicamente a su familia, al igual que las demás mujeres, quienes aportan a la canasta familiar con sus ganancias laborales.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,060.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Accion Group's $2,275 loan helped a member to purchase cloth, frames, canvas, needles, button-related supplies, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011