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Primavera Group
In this Group: Silvia, Celia, Teresa, Luciana, Rosa, Carmen, Melitona, Diana, Teodosia, Lilian, Maria, Adelina, Marciana, Amalia, Mary, Delicia, Francisca, Anuncia, Florentina*, Vicenta*
* not pictured
Certain that as a united group they could achieve their goals and with mutual support, a committee called 'Primavera' (Spring) was established in the city of Caaguazú. The group is made up of 20 humble and hard-working ladies who have the common goal of making a small income to cover their household needs.

The members of this committee describe themselves as tenacious and hard-working women who try to earn a daily living through their mutual effort and cooperation.

Mary owns a small store with which she supports herself. Through her business, she manages to cover the basic needs of her family. She dreams of some day expanding her business so that she can have more space in which to display her merchandise.

Mary is requesting a loan to buy drinks, food, dairy products, etc. with which to stock her business.
View original language description ↓
Confiadas que unidas podrían alcanzar sus metas y con el apoyo mutuo, en la ciudad de Caaguazú se formo un comité llamado Primavera, con 20 señoras humildes y trabajadoras con el fin de obtener un pequeño ingreso para cubrir las necesidades de los hogares de cada una.
Ellas se definen como mujeres luchadoras y trabajadoras, tratan de llevar el pan de cada día por medio del esfuerzo mutuo y la cooperación.
La Sra Mary tiene un pequeño almacén que le sirve de sustento, por medio de el logra cubrir las mínimas necesidades de la familia. Sueña con algún día poder ampliar su negocio para tener mas espacio donde exponer sus mercaderías.
Ella solicita el credito para la compra de bebidas, comestibles, lácteos y demás para abastecer su negocio.

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
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 3,960.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Primavera Group's $3,050 loan helped a member to buy drinks, food, dairy products, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011