Check out other loans that are currently fundraising!
Maria Auxiliadora Group
In this Group: Rosalina, Diana, Sonia, Inocencia, Felicia, Angelica, Lilia, Anicia, Regina, Juana, Silvia, Maria
This group was formed thanks to the work of Evangelista, who lives in the city of Carapeguá, Paraguay. The group is called "Maria Auxiliadora", has 12 members and is in its first loan cycle. This group consists of very responsible and hard-working women who make a living producing food to later sell. Every member has a specific job related to food production. The women work together responsibly and with solidarity, and they consider helping each other out to be very commendable. Each one works for a dignified life, not only for themselves but also for their families. One of the members is Regina, who has made food to sell for a number of years and already has a solid customer base. The women are requesting the loan to purchase the necessary ingredients to make their meals, such as meat, chicken, eggs and other items. All of them have their hopes resting on the loan.
View original language description ↓
El comité se formo a iniciativa de la Sra Evangelista domiciliada en la Ciudad de Carapeguá. el comité fue denominado “MARIA AUXILIADORA” y actualmente se encuentra en el primer ciclo con 12 integrantes. Es un grupo de señoras muy responsables y trabajadoras, ellas se dedican a la producción de alimentos para su posterior venta.
Cada miembro tiene una actividad especifica dentro de la producción de los alimentos. Todas ellas trabajan de forma responsable y solidaria, donde la ayuda entre ellas es lo más loable. Cada una trabaja para procurarse una vida digna, no solo para ellas sino también para su familia.
La Sra. Regina trabaja en la producción de alimentos hace ya varios años, y todas ellas ya tienen una clientela formada. Solicitan el credito para la compra de los insumos necesarios para que produzcan los alimentos, como ser las carnes, pollo, huevos y demás. Todas ellas están con las esperanzas puestas en el crédito.

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
  • 131
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 3,950.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $1,250 loan helped a member to purchase necessary ingredients, such as meat, chicken, eggs and others, to make meals to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Jun 30, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011