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Solar Group
In this Group: Matilde, Elizabeth, Liz, Elva, Sonia, María, Francisca, Eutaciana, María, Mariana, Julia, Efigenia, Blanca, Clara, María, Olidia, Sixta, Anatolia
This committee was formed thanks to Señora Matilde. The group was formed several years ago, and this is the fifth time they have drawn a loan from the Foundation. They have always been a peaceful group who are able to resolve amongst themselves any problems that may arise, and they go on progressing.

Señora Matilde is the president of the group and always knows how to manage what she is charged with: she is very responsible. She defines herself as a very determined and enterprising woman, who likes to work. She has worked ever since she was very young and this same work ethic is what she would like to pass on to her children. She is seeking the loan to buy the materials necessary for her work: clothing such as blouses, jeans and jackets, and also needles, thread, cloth etc.

The group is very united and determined. They have great faith that this loan will help them very much with their projects.
View original language description ↓
Este Comité se formó gracias a la señora Matilde. Este grupo se formo hace varios años y es la quinta vez que estan retirando el préstamo de la fundación siempre fue un grupo muy tranquilo que solucionaban los problemas si es que existía solo entre ellas, pero van progresando.
La señora Matilde es la presidenta del grupo y siempre supo sobrellevar su cargo, es muy responsable. Ella se define a si misma como una mujer muy luchadora y emprendedora, a la cual le gusta trabajar, ya que desde muy pequeña ha trabajado y ese mismo espíritu de laboriosidad es lo que quiere transmitir a sus hijos.
Ella solicita el crédito para comprar los materiales necesarios para poder realizar su trabajo tales como las ropas blusas, jeans, camperas y también agujas , hilos , telas, etc.
Este grupo es muy unido y luchador, tienen mucha fe de que este crédito les ayudara mucho con sus proyectos.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 3,990.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Solar Group's $2,900 loan helped a member to buy the materials necessary for her work - clothing such as blouses, jeans, and jackets, and also needles, thread, cloth, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
Jun 26, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011