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3 De Junio Group
In this Group: Maria, Laura, Adela, Vivian, Fatima, Abigail, Maria, Norma, Celia, Noelia, Maria, Lisandra, Daniela*, Estela*, Maria*
* not pictured
The “Comite 3 de Junio” (June 3rd Committee) from Villa Elisa city has 15 members and they are in their 3rd loan cycle. They meet weekly in the secretary's house, where they share ideas for activities to carry out, as well as to resolve any possible disagreements. All the members of the group demonstrate solidarity and the desire to move ahead.

Mrs. Adela lives in a humble little house with her husband and children and she has a small store that she wants to continue growing through the loan cycles. She wants to advance always with her micro-enterprise and to advance her family as well. She comments that all of the sacrifices she makes are for a better future for her children.

Adela is requesting a loan to buy groceries, drinks, garden vegetables, and other items to resupply her store. She has her hopes placed on the loan, since she knows that it will be a great help.
View original language description ↓
El Comité 3 de Junio de la ciudad de Villa Elisa cuenta con 15 integrantes, están en el tercer ciclo. Se reúnen en forma semanal en la casa de la secretaria , momento en el cual comparten ideas a realizar para las actividades así como también para resolver las posibles desavenencias. Todas las integrantes del grupo se muestran solidarias y con ganas de salir adelante.
La señora Adela ella vive en su humilde casita con su marido e hijos y tiene su pequeña despensa que quiere ir agrandando a través de los ciclos. Ella desea salir siempre adelante con sus microemprendimientos y sacar adelante también a su familia. Comenta que todo el sacrificio que hace es por un futuro mejor para sus hijos.
Ella solicita el crédito para la compra de comestibles, bebidas, hortalizas y demás para el abastecimiento del local. Esta con las esperanzas puestas en el crédito, ya que sabe que le será de gran ayuda.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 3,905.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 3 De Junio Group's $2,600 loan helped a member buy groceries, drinks, garden vegetables,and other store supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011