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La Fatima Group
In this Group: María Elida, Gloria, Virginia, Luisa, Laura, Gladys, Cyntia, Maria, Maria, Epifania, Andresa*
* not pictured
“La Fatima” is the name of a group of several neighbors from the city of Santani. There are currently 11 members. They define themselves as determined and hardworking women. All of them say that they like working with the program. Every one of these members works in a spirit of cooperation and solidarity. They have gathered together with the goal of helping their families through the work they pursue.


Sra. Maria has managed a store for several years. She wakes up very early every day to open her business because she has customers who come early to shop. Maria says that thanks to the many years she has been in business, she has been able to acquire many customers and generate good income.


The loan she is requesting will be used to buy food products, beverages, and vegetables to restock her store.

View original language description ↓
La Fatima se forma con la unión de varias vecinas de la ciudad de Santani, actualmente cuenta con 11 integrantes. Ellas se definen como mujeres luchadoras y trabajadoras, todas manifiestan estan muy a gusto trabajando dentro del programa.
Ellas trabajan en un ambiente de cooperación y solidaridad. Se unieron con el propósito de poder ayudar a sus familias por medio del trabajo conjunto realizado por ellas.
La Sra. Maria tiene un almacen hace ya varios años, todos los días se levanta a muy tempranas horas para abrir su negocio, ya que desde temprano vienen los clientes. Ella manifiesta que gracias a los años que lleva en el negocio, ha logrado tener muchos clientes, lo cual le genera buenos ingresos.
Ella solicita el credito para la compra de comestibles, bebidas, hortalizas, para el abastecimiento del almacén.

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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $29,527,325
    Funds lent in using Kiva
  • 3,940.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Fatima Group's $1,550 loan helped a member to purchase food products, beverages, and vegetables.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012