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Mujeres Emprendedoras Group
In this Group: Coinda, Zunilda, Rocio, Mercedes, Maria, Esmerita, Ana, Norma, Maria, Virginia, Cornelia, Claudelina, Veronica, Miriam, Analia, Eliodora*
* not pictured
This group is from the city of Encarnación and was started as a result of promotional events that were held in the area. The group is in its ninth loan cycle and consists of 16 members.

The members say that they joined together for a common purpose, which is to earn more income so that they can cover their household expenses and have a better lifestyle.

Sra. Ana is single and has two small children. She operates a beauty salon in her home. Ana says that through her work she is able to support her children and help them get ahead. She dreams of seeing them continue to earn a college degree and develop into good people.

Sra. Ana is requesting a loan to buy supplies for her salon such as gel, hair spray, dyes, scissors, and other items. She is very grateful for the opportunity that Fundación Paraguaya has given because it is very important to her.
View original language description ↓
Este comité D. la ciudad D. Encarnación surgió por promociones realizadas en la zona D. la ciudad, el grupo se encuentra en el noveno ciclo, y cuenta actualmente con 16 integrantes.
Las miembros comentan que se unieron con un fin en común, que es el D. lograr mayores ingresos para cada una, con lo cual pretenden solventar los gastos D. la casa y así poder tener un mejor estilo D. vida.
La Señora Ana, tiene 2 hijos pequeños es soltera, se dedica a la peluquería que tiene en su domicilio. Comenta que por medio D. este trabajo ella ha podido salir adelante y mantener a sus hijos, sueña con que ellos, algún día, puedan seguir una carrera universitaria y convertirse en personas D. bien.
La Señora Ana solicita el crédito para la compra D. insumos para su peluquería tales como gel, spray, tintes, tijeras y demás. Ella se encuentra muy agradecida ya que la oportunidad que le da la Fundación es muy importante para ella.

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
  • 88
    View loans »
    Paraguay Loans Fundraising
  • $31,392,000
    Funds lent in using Kiva
  • 3,940.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $4,150 loan helped a member compra de gel, spray, tintes, tijeras y demás.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2011
Listed
Aug 2, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011