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Mujeres Solidarias (Women United) Group
In this Group: Dora, Aida, Angelina, Lucia, Valentina, Mercedes, Teresa, Julia, Celsa, Idalina, Gladys, Maris, Noelia, Graciela, Florencia, Marlena, Maria, Magna, Nilda, Herminia, Gloria, Emiliana
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The group Mujeres Solidarias (Women United) began in November of 2006. The president at that time, Aida Luz R., came personally to the Paraguayan Foundation office located in the city of Itá in order to learn about the requirements necessary to form a group. Aida found out about the program Comité de Mujeres Emprendedoras (Committee of Enterprising Women) in her neighborhood, since a committee had been formed there.


Later Aida spoke with her friends about the service that the Paraguayan Foundation offers through their committee programs, and that is how the group began. Members of the organization work in a variety of areas: selling candy, food, and drinks; making clothes; constructing leather linings for thermoses, etc.


The group Women United is made up of 22 participants who work in different areas in order to earn income for the organization. They participate in weekly meetings and make payments punctually. They all recognize the importance of individual responsibility within the co-op for strengthening the union among members. The average withdrawal from the communal bank has been 1,000,000 Guaranís per group member (approximately $250 dollars each).

Translated from Spanish by Debra Faszer-McMahon, Kiva Volunteer.


El inicio del Grupo denominado Mujeres Solidarias fue en el mes de Noviembre del 2.006, la presidenta actual en ese tiempo, Aida Luz R., se acercó personalmente a nuestra Oficina ubicada en la Ciudad de Itá para asesorarse sobre los requisitos necesarios para formar su Grupo, ella supo del programa Comité de Mujeres Emprendedoras en su barrio, ya que en el mismo se había formado un Comité.


Luego comentó con sus amigas el servicio que brinda la Fundación Paraguaya con dicho programa fue así como surgió el grupo. Las integrantes se dedican a distintas actividades como: Venta de Golosinas, comestible, bebidas, confección de ropas, elaboración de forros de cuero para termos, etc.


El Grupo Mujeres Solidarias esta conformado por 22 integrantes, las mismas realizan distintas actividades para la recaudación de fondos para el grupo, participan de las reuniones todas las semanas y realizan sus pagos puntualmente, las mismas reconocen la importancia que tiene la responsabilidad individual dentro del Comité para fortalecer la unión entre ellas. El promedio retirado por las integrantes fue de 1.000.000gs cada una.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,706.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Solidarias (Women United) Group's $3,325 loan helped a member purchase of food, drinks, fruit, candy, leather, thread, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 9, 2008
Listed
Jan 25, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 27, 2008