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Mujeres Unidas Group
In this Group: Felicia, Silvia, Ramona, Celia, Rumilda, Luisa, Jorgelina, Mirna, Florinda, Nicolasa, Vicenta, Irene, Virginia, Elvira, Nancy, Damiana*, Jenara*
* not pictured
The “Mujeres Unidas” (United Women) Communal Bank is in the city of San Lorenzo. One of the members heard talk about the project for enterprising women. She decided to get her friends and neighbors together in order to form the group.

They are hard-working women who plan to get ahead and to give their children what they need for a decent and respectable life. They are known as hard-working women who struggle day to day to bring home more income.

Jorgelina has a general store. It is through the store the she is able to support her family. She has been doing this for some time. Therefore, she has regular customers.

She is requesting the loan to stock her business with grocery products like dairy products, sausages, drinks, and more. Her hopes are placed on the loan because she knows that it will be a big help.
View original language description ↓
El comité Mujeres unidas es de la ciudad de San Lorenzo. Una de las miembros oyó hablar del proyecto de mujeres emprendedoras y decidió formar a sus amigas y vecinas para la formación del grupo. Ellas son unas mujeres trabajadoras que piensan en salir adelante y darle a sus hijos lo necesario para una vida digna y decorosa.
Ellas se definen como mujeres trabajadoras que luchan día a día por llevar un mayor ingreso económico para sus casas.
La Sra. Jorgelina tiene una despensa, por medio de la cual puede sustentar a su familia. Desde hace ya unos años que ella se dedica a esto, por lo que ya tiene una clientela bien formada.
Ella solicita el credito para el abastecimiento de su negocio, con productos tales como comestibles, lácteos, embutidos, bebidas y demás. Tiene las esperanzas puestas en el préstamo ya que sabe que le sera de gran ayuda.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $29,519,225
    Funds lent in using Kiva
  • 3,930.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Group's $3,025 loan helped a member to buy grocery products like dairy products, sausages, drinks, and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 14, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011