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Virgen De Fátima Group
In this Group: Teresa, Luz María, Zunilda, Liz, María Eva, Luisa, Gabriela, Elvira, Felipa, Margarita, Antonia, Concepción, María, Alicia, Norma, Caren, Estelvina, Lidia, María Norma, Pablina, Nancy, Verónica
The name of this excellent group of women is "Virgen de Fatima" and it is located in the city of Ita. It is thanks to Teresa, a fruits merchant, that the group of 22 women was formed following her contact with the assessor at a weekly reunion held in the region to inform herself on the work carried out by the Comite de Mujeres Emprendedoras. They are working very comfortably on their 8th loan cycle. They all have activities to earn an income. They help each other to reach the common objectives of the group. At this time Zunilda requests a loan to purchase clothing, cosmetics, fruits, and vegetables. She has a modest business selling this variety of products. This is the source of income that she earns to support her family and herself.
View original language description ↓
Virgen de Fátima se denomina el excelente grupo de mujeres conformado en la ciudad de Ita, gracias a que la Sra. Teresa, quien se dedica a la venta de frutas, contactó con la asesora en una reunión semanal que la misma tenía en la zona, para informarse de la forma de trabajo que tiene el Comité de Mujeres Emprendedoras, logró juntar a 22 mujeres quienes se encuentran trabajando muy a gusto ya en el 8° ciclo.
Todas ellas realizan actividades para recaudar fondos, se ayudan mutuamente para llegar a los objetivos en común que todas tienen dentro del grupo.
La Sra. Zunilda solicita en esta ocasión el crédito para la compra de ropas, cosméticos, frutas, verduras, ya que posee un negocio modesto dedicándose a la venta de esta variedad de productos, pues es su medio de ingreso económico para poder mantener a su familia y a ella misma.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 3,980.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fátima Group's $3,950 loan helped a member to purchase clothing, fruits and vegetables, and cosmetics for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 20, 2011
May 25, 2011
Currency Exchange Loss:
Oct 15, 2011