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Mujeres Artesanas Group
In this Group: Rocio Marlene, Rumilda, Lilia, Maria, Felicita, Digna, Nancy, Beani, Eladia, Mirtha, Panfila, Isabel
The women in this communal bank are from the city of Caacupé. They are all neighbors and friends from the neighborhood. At this time, the group has 12 members. They describe themselves as very tenacious and hardworking women. They are united toward a common goal, which is to obtain better incomes for their households through the effort and cooperation of their membership.

Rocio works with her husband and her son making floral arrangements. Thanks to this work she and her husband have the means to cover their daily household expenses. She characterizes herself as a very hardworking and responsible woman.

Rocio requests a loan to buy flowers, which are the main elements of her work.
View original language description ↓
Las mujeres del presente comité son de la cuidad de Caacupé, todas son vecinas y amigas del barrio. Actualmente cuenta con 12 miembros. Ellas se definen como mujeres muy trabajadoras y luchadoras. Se unieron con miras a un fin común que es la obtención de mayores ingresos para sus hogares por medio del esfuerzo y la cooperación de sus integrantes.
La señora Rocío, con su marido y su hijo trabajan en la artesanía en flores. Gracias a este trabajo y a la ayuda de su marido pueden solventar los gastos del día a día. Ella se conceptúa como una mujer muy trabajadora y responsable.
Ella solicita el credito para la compra de flores, las cuales son elemento principal de su trabajo.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 3,960.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Artesanas Group's $2,975 loan helped a member to buy flowers to make floral arrangements.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jul 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012