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29 De Setiembre Group
In this Group: Graciela, Celia, Hilda, Nilda, Mercedes, Juana, Leonora, Ramona, Irene, Librada, Myrian, Modesta, Marlene
The group "29 de Setiembre" was formed when some neighbors in the city of Mariano Roque Alonso decided to come together. All of the members work together in solidarity in an environment of collaboration and respect. The members form a very unified group and together are capable of activities that strengthen their partnership.

Librada is one of the members of the group. She is married and has one son. She sells groceries like rice, sugar, dairy products and other things. Through these sales she is able to generate a little bit of income which helps to cover the day-to-day costs of her home. She tells us that all of the work that she does is to give her family a better future.

She asks for a loan to buy rice, noodles, sugar, dairy and other products to stock her store and be able to meet the orders of all of her customers. She thanks the Foundation for the opportunity that they are giving her.
View original language description ↓
El comité “29 de Setiembre” se formó con la unión de varias vecinas de la ciudad de Mariano Roque Alonso. Todas las integrantes del comité desarrollan las actividades de forma conjunta y solidaria, dentro de un ambiente de colaboración y de respeto. Las integrantes formaron un grupo muy unido y capaz de realizar conjuntamente actividades que fortalecen su compañerismo.
La Señora Librada es una de las integrantes del comité, está casada, y tiene 1 hijo. Ella se dedica a la venta de varios comestibles, como ser arroz, azúcar, lácteos y demás. Por medio de estas ventas ella puede generar un poco de ingresos con lo cual puede paliar los gastos que cada día surgen en la casa. Comenta que todo el trabajo que hace es por darle un mejor futuro a su familia.
Ella solicita el crédito para la compra de arroz, fideos, azúcar, lácteos y demás productos para abastecerse y de esa forma poder cumplir con los pedidos de todos sus clientes. Agradece a la Fundación por la oportunidad que le da.

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
  • 40
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 3,905.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 29 De Setiembre Group's $2,900 loan helped a member to buy rice, noodles, sugar, dairy and other products.
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