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Mujeres En Progreso Group
In this Group: Lourdes, Maria Perla, Maria Liz, Mercedes, Victoria, Cristina, Susana, Dominga, Deolinda, Maria, Tomasa
The women who belong to this committee are from the city of Caacupé. The group currently has 11 members who are in their first loan cycle. They all work responsibly and in a supportive manner. They came together so that they could work hard in order to meet their needs.

The committee's president is Lourdes who lives with her husband and children. She raises and sells chickens. She has been in this business for some time and so her neighbors know her for the quality of her animals. Through this work, she has increased her income and is thereby gradually enjoying a better quality of life.

Lourdes is requesting this loan to buy more animals so that she can increase the size of her small farm.
View original language description ↓
Las mujeres del presente comité son de la Ciudad de Caacupé. Actualmente esta integrado por 11 miembros.Se encuentran en el primer ciclo. Todas ellas trabajan en forma responsable y solidaria. Todas ellas se unen para que juntas puedan luchar contra las necesidades.
La presidenta del comité es la señora Lourdes, ella vive con su marido e hijos, trabaja en la cría y venta de pollos. Ella hace un tiempo que se dedica a esto, por lo que los vecinos del barrio la conocen por la calidad de sus animales. Ella por medio de este trabajo ha aumentando sus ingresos y así va logrando gradualmente una mejor calidad de vida.
La Sra. solicita el credito para la compra de mas animales con lo cual podrá aumentar aumentar el tamaño de su pequeña granja.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $27,541,575
    Funds lent in using Kiva
  • 3,960.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Progreso Group's $1,500 loan helped a member to buy animals (chickens).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012