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La Amistad Group
In this Group: Gregoria, Perceveranda, Blanca, Victorina, Gloria, Alba, Cecilia, Eusebia, Bernardina, Damiana, Delia, Rosa*, Marly*
* not pictured
The "La Amistad" (friendship) group was formed by several neighbors in the city of Mariano Roque Alonso. The members formed a very united group which is able to work together on activities that strengthen their comradeship. They are very well-known in the neighborhood for their teamwork and the solidarity they all show one another.

Gregoria is one of the group members. She sells sweets on the street and on the buses. She is a very hardworking lady who is very motivated to move ahead. She has 12 children and her husband, who also works as a traveling salesman. She is very satisfied with her work and with the training that the group receives.

Gregoria is asking for the loan to buy a greater variety of sweets, and also to hire one of her children to work with her.
View original language description ↓
El comité “La Amistad” se formó con la unión de varias vecinas de la ciudad de Mariano Roque Alonso. Las integrantes formaron un grupo muy unido y capaz de realizar conjuntamente actividades que fortalecen su compañerismo. Ellas son muy conocidas en el barrio por su trabajo en equipo y la solidaridad que se demuestran las unas con las otras.
La Señora Gregoria es una de las integrantes D. comité, ella se dedica a la venta de golosinas, vende por la calle y en los colectivos, es una señora muy trabajadora y con muchas ganas de salir adelante.
Ella tiene 12 hijos y su marido quien trabaja tambien como vendedor ambulante. Se encuentra muy satisfecha con su actividad y las capacitaciones que recibe el grupo.
La señora Gregoria solicita el crédito para la compra de más variedad de golosinas y así también poder incorporarle a uno de sus hijos a trabajar con ella.

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
  • 65
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 3,905.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Amistad Group's $2,475 loan helped a member to buy sweets for resale later.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011