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Jeiko Porave Rekavo Group
In this Group: Laura, María, María, Teodolina, Felipa, Liz, Francisca, Blanca, Juliana, Emilia, Paulina, Gladys, Rita, Elisa, Estela
This committee was formed thanks to the initiative and enthusiasm of María Ana who found out about Fundación Paraguaya's Committee of Entrepreneurial Women program through an acquaintance. Ana contacted her entrepreneurial friends and neighbors to set up a committee in their area. The group is called Jeiko Porave Rekávo. It is in its second loan cycle and has 15 members. This is a very united, supportive and responsible committee. The members have a great entrepreneurial spirit.

Paulina has a grocery store through which she has been able to get ahead in life. Through her business, she has been able to make more income with which she is able to cover all her household expenses. She dreams of some day being able to expand her business so that she has more space for displaying her merchandise.

Paulina is requesting a loan to buy food, drinks, dairy products and vegetables to stock her business. She is grateful to Fundación Paraguaya for the opportunity that they are giving her.
View original language description ↓
El comité fue formado gracias a la iniciativa y entusiasmo de la señora María Ana, quien se enteró del programa Comité de Mujeres Emprendedoras de la Fundación a través de una conocida. La señora Ana contactó con sus vecinas y amigas emprendedoras para formar el comité en la zona. El grupo se denomina Jeiko Porave Rekávo, están en el Segundo Ciclo, con 15 integrantes. Es un comité muy unido, solidario y responsable, las integrantes poseen un gran espíritu emprendedor.
La Sra. Paulina tiene una despensa, por medio del cual ha podido salir adelante, por medio de su negocio ella ha podido generar mas ingresos con lo cual puede solventar todos los gastos de la casa. Ella sueña con algún día poder ampliar su negocio lo cual le servirá para poder tener mas espacio donde exhibir sus mercaderías.
Ella solicita el crédito para la compra de comestibles, bebidas, lácteos, y hortalizas para abastecer su negocio. Ella agradece a la Fundación por la oportunidad que le brinda.

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
  • 36
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 3,935.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Jeiko Porave Rekavo Group's $2,550 loan helped a member to buy food, drinks, dairy products and vegetables to stock her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012