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Mujeres Unidas De Tobati Group
In this Group: Reina , Juana , Mariana , Honorina , Maria , Sonia , Ramona , Amelia , Librada , Ofelia , Sonia
The women in this committee are from San José neighborhood, in the city of Tobatí, which is 16km from our Caacupé regional office.

The committee's president is Reina, who lives with her husband and young son.

Reina works in a grocery store, selling all kinds of essential products to her neighbors so that they can stock up and cover their basic needs, especially with fruit, vegetables and baked goods (all items which make up the average family shopping basket).

Reina and her companions are very happy with the financial support that they are being provided with by Fundación Paraguaya and Kiva. With each loan that they receive, the ladies are enlarging their small businesses, and also their incomes, so that they can enjoy a better quality of life.

The committee is currently in its fifth loan cycle and has 11 members.
View original language description ↓
Las mujeres del presente comité son del barrio San Jose de la ciudad de Caacupé.
La presidenta del comité es la señora Reina, vive con su marido y su pequeño hijo en la mencionada localidad.
Ella trabaja en su despensa, vendiendo toda clase de productos de primera necesidad a sus vecinos para que puedan abastecer y cubrir sus necesidades básicas, especialmente con verduras, frutas y panificados, elementos de todas canasta familiar.
Es por eso que solicita el préstamo a Fundación Paraguaya mediante Kiva, para que pueda adquirir mayor cantidad de estos productos que oferta en distintas variedades y calidades.
Ella como también sus compañeras están muy satisfechas con el apoyo económico que les han brindado la Fundación Paraguaya y Kiva en etapas pasadas, pues con cada crédito que han obtenido anteriormente las señoras están aumentando sus pequeños negocios y así también sus ingresos para una mejor calidad de vida, y pretenden poder contar nuevamente en este periodo con el crédito.
Actualmente están en el ciclo Nº 5 con sus 11 integrantes.

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
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $30,761,400
    Funds lent in using Kiva
  • 3,980.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas De Tobati Group's $2,000 loan helped a member to buy baked goods, fruit, vegetables and drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 23, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011