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Divino Niño Jesus Group
In this Group: Dina Raquel, Librada, Francisca, Crismilda, Elena, Florencia, Maria, Mirian, Mirna, Nilce, Rosana, Liduvina, Rosa, Maria, Diana
"Divino Niño Jesús" is the name of this communal bank. This group of women was formed in the city of Ita, thanks to the current director, who contacted a loan officer to find out about how the Comité de Mujeres Emprendedoras works. Once informed about the program, she managed to gather together 15 women who are now working together very well in their 8th loan cycle; this group has been working in the program with great solidarity and cooperation.

Dina has a business selling garments, and through this work she has been able to get ahead and support her family. She comments that she always has customers who request the items that she sells. One of her goals is to have her own store where she could display the garments that she has, and in this way attract more customers. She is considered to be an enterprising woman who is tenacious and very responsible.

Dina requests a loan to buy winter clothing, so that in this way she can fill her customer's orders. She is grateful to the Fundación for providing her with this opportunity.
View original language description ↓
Divino Niño Jesús se denomina el grupo de mujeres conformado en la ciudad de Itá, gracias a que la actual Directora contactó con la asesora para informarse de la forma de trabajo que tiene el Comité de Mujeres Emprendedoras, una vez asesorada acerca del Programa logró juntar a 15 mujeres quienes se encuentran trabajando muy a gusto en el octavo ciclo, en forma conjunta y solidaria dentro del programa.
La señora Dina se dedica a la venta de prendas, por medio de este trabajo ha logrado salir adelante y sustentar a su familia. Comenta que siempre tiene clientes que le solicitan las prendas que vende. Una de sus metas es tener su propio local donde pueda exhibir las prendas que tiene y de esa forma atraer a más clientes. Ella se considera una mujer emprendedora, luchadora y muy responsable.
Ella solicita el crédito para la compra de prendas de invierno, para que de esa forma pueda cumplir con los pedidos de sus clientes. Está agradecida con la Fundación por la oportunidad que esta le brinda.

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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $31,595,250
    Funds lent in using Kiva
  • 3,845.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Divino Niño Jesus Group's $4,775 loan helped a member to buy winter clothing to later sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011