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Divino Niño Jesus Group
In this Group: Gertrudis, Anilda, Isabel, Carmen, Jorgelina, Sara, Virgilia, Odilia, Maria, Cynthia, Maria, Gloria, Isidra, Mirian, Santiaga, Mirtha, Alba, Elisa, Ruth*, Maria*
* not pictured
This communal bank was launched by Mrs Sara who invited and organised her friends and neighbours to form a part of the Comité de Mujeres Emprendedoras. They glady accepted the invitation and the group was formed. Currently there are 20 women in the group. Mrs Sara has been in a relationship with Mr Julio for the last 13 years. He works in various trades such as plumbing, masonry and electrical work. They have 2 daughters, both minors, who attend school. Mrs Sara sells groceries. She says that she has many customers who always buy from her. She considers herself to be a very good cook. One of her dreams is to have a diner where many would be able to enjoy her cooking.

She is asking for a loan to buy consumables for cooking such as meat, seasonings, baked goods. She is very happy and grateful for the opportunity afforded her by the Fundación.
View original language description ↓
El contacto para el inicio del presente comité fue la señora Sara quién invito y organizó a sus amigas y vecinas para formar parte del programa Comité de Mujeres Emprendedoras. Ellas aceptaron gustosas y de allí surgió el grupo. Actualmente está integrado por 20 mujeres
La señora. Sara está acompañada hace 13 años con el señor Julio quien trabaja en oficios varios como ser plomero, albañilería, electricista, tienen dos hijas menores de edad que van a la escuela. La señora Sara se dedica a la venta de comestibles, comenta que tiene muchos clientes que siempre compran de ella. Se considera una mujer con muy buenas manos para la cocina. Uno de sus sueños es poder tener un comedor donde deleite a muchas personas con sus platos.
Ella solicita el crédito para la compra de insumos para la elaboración de los alimentos, como ser carnes, condimentos, panificados. Está muy contenta por la oportunidad que le da la Fundación, y lo agradece.

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
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $29,572,925
    Funds lent in using Kiva
  • 3,890.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Divino Niño Jesus Group's $4,500 loan helped a member to buy meat, seasonings and baked goods.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011