Check out other loans that are currently fundraising!
Maria Auxiliadora Group
In this Group: Mirian, Mirian, Ana, Mirian, Sabina, Catalina, Luz, Francisca, Gloria, Blanca, Ana, María, Marliniz, Alba, Blanca*, Blanca*
* not pictured
The 'Maria Auxiliadora' committee is made up of 16 women who are all friends and neighbors from Ciudad del Este. They are on their 13th loan cycle. The ladies are all very active and supportive, and they carry out activities in their neighborhood in order to collect funds. They describe themselves as very hard-working and tenacious women. They work hard every day in order to achieve a better lifestyle and provide their children with a decent education.

Francisca sells clothes. She has been in this business for some time now and already has a group of customers who always come to buy from her. She feels very happy with what she does as it helps to cover her daily expenses. She says that everything she does is aimed at providing a better future and a decent home for everybody who is dependent on her.

Francisca is requesting this loan to buy seasonal clothes which will help her to meet her customers' demands.
View original language description ↓
El comité denominado Maria Auxiliadora está constituido por 16 mujeres, todas amigas y vecinas de Ciudad del Este. Ellas se encuentran en el décimo tercer ciclo. Son señoras muy activas y solidarias, ellas realizan actividades en el barrio para recaudar fondos.
Ellas se denominan como mujeres luchadoras y muy trabajadoras. Ellas luchan día a día por conseguir un mejor estilo de vida y brindarle a sus hijos una educación adecuada.
La Sra Francisca se dedica a la venta de ropas. Se dedica a esto hace ya un buen tiempo, por lo que ya tiene un grupo de clientes que siempre vienen a comprar de ella. Se siente muy conforme con lo que hace, pues ayuda a solventar los gastos que día a día surgen. Comenta que todo lo que ella hace es para brindarle un mejor futuro y una vivencia diga a todos aquellos que de ella dependen.
Ella solicita el credito para la compra de ropas de estación, lo cual le ayudara a cumplir con las demandas de sus clientes.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $28,811,550
    Funds lent in using Kiva
  • 3,935.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $3,525 loan helped a member to buy seasonal clothes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011