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8 De Diciembre Group
In this Group: Raquel, Maria, Rosalina, Elida, Celina, Carmen, Zulma, Fermina, Isabel, Lourdes
The "8 D. Diciembre" committee was formed on the initiative of Señora Raquel, who was very interested by the program. They are in their first lending cycle currently, with ten women. All of them work together to be able to develop themselves, not just financially, but also on a personal level. The goal of the committee is to learn the importance of working in a team within the group, with responsibility, honesty and communication.

Señora Raquel works raising and selling animals. She says that is is very self-sacrificing work, and that she gets up at a very early hour and works till very late. The care of the animals is a very complicated task as she must keep an eye on the animals, in every sense. She would like to be able to have a larger field in which she can have more animals.

She is requesting the loan for the purchase of more animals, and also food for them. She has high hopes for this loan, as it will be a great help to her.
View original language description ↓
El comité 8 D. Diciembre se conformó con la iniciativa D. la señora Raquel que se mostró muy interesada por el programa, están en el primer ciclo actualmente con 10 mujeres, todas trabajan D. forma conjunta D. manera a poder desarrollarse, no solo económicamente, sino también a nivel personal. El objetivo del comité es el D. aprender la importancia D. trabajar en equipo dentro D. un grupo con responsabilidad, honestidad y comunicación.
La señora Raquel se dedica a la cría y venta D. animales. Comenta que es un trabajo muy sacrificado, ya que se levanta a muy tempranas horas y trabaja hasta muy tarD.. El cuidado D. los animales es una tarea muy complicada ya que se debe D. estar pendiente D. los animales, en todo sentido. Le gustaría poder tener un terreno más amplio, donD. pueda tener más animales.
Ella solicita el crédito para la compra D. animales, como así también alimento para los mismos. Está con las esperanzas en el crédito, ya que le será D. 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

  • $8,400
    Average annual income
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 3,900.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $1,450 loan helped a member to buy animals and food for them.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2011
Listed
Sep 2, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012