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Virgen Del Rosario Group
In this Group: Geronima, Enma, Calixta, Buenaventura, Francisca, Maria, Marciana, Pablina, Angelina, Gerarda, Valentina, Calixta, Gladys, Elida, Esperanza, Julia, Maria
The Virgen del Rosario group consists of 17 women who work together in a coordinated and organized way. All the women put in the maximum effort in order to be able to make headway for the children and family that depend on them. The members defined themselves as heads of the family who are not afraid to work and are willing to do whatever it takes so their children don't suffer the same hardships they have had to endure. One of the members is Enma, who makes a living selling all kinds of vegetables. She says that she gets up very early every day to look for fresh products that she can later sell. She does this every day with the desire to bring in more income for her family. She is requesting the loan to purchase more vegetables, such as lettuce, tomatoes, cabbage and others, because she knows that having more kinds of vegetables will attract even more customers than she already has. Her dream is to one day set up a small post in her home where she can sell her products.
View original language description ↓
El grupo denominado Virgen del Rosario cuenta con 17 mujeres que trabajan de forma coordinada y organizada. Todas ellas se esfuerzan al máximo para poder sacar adelante a sus hijos y familiares que de ellas dependen. Ellas se definen como mujeres jefas de familia que no temen al trabajo y que todo lo que hacen es para que sus hijos no pasen por aquellas carencias por las que ellas tuvieron que atravesar en su momento.
La Sra. Enma se dedica a la venta de hortalizas, es decir, todo tipo de verduras. Ella manifiesta que todos los días se levanta a muy tempranas horas de la mañana a buscar los productos frescos para salir a venderlos. Cada día que sale, lo hace con el deseo de traer mas ingresos a su familia.
Ella solicita el credito para la compra de mas hortalizas, tales como lechugas tomates, repollos y demás, por que sabe que teniendo mas tipo de verduras podrá atraer a mas clientes, sumados a los que ya tiene.
Ella tiene el sueño de algún día poder armar armar en su casa un pequeño puesto donde vender sus mercaderías.

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
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 3,950.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Rosario Group's $3,300 loan helped a member to purchase vegetables such as lettuce, cabbage, tomatoes and others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Jun 30, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011