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Mujeres Unidas Group
In this Group: Celsa Ramona, Rufina, Maria, Rosalina, Barsiliza, Idalina, Carmen, Ignacia, Rosalba, Celia, Diana, Gregoria, Blanca, Norma*, Maxima*
* not pictured
The communal bank, "Mujeres Unidas," (United Women) was formed more than three years ago through the management and support of another communal bank that was working in the same place. This group is from the city of San Lorenzo. In more than three and a half years of hard work, they have grown both socially and economically. They are known here as very hard-working women.

One of the members, señora Ignacia, sells drinks. Through this business, she supports her family. She tells us that she has many clients and consequently a lot of demand. Her busiest days are on weekends. On Sundays, most people don't work and they make the most of spending time with their families. She hopes someday to be able to expand her business so she can increase her storage capacity.

The requested loan will be used to purchase drinks like beer and wine to supply her store. She is hopeful for the credit because it will be of much use to her.
View original language description ↓
El comité Mujeres Unidas nace hace más de tres años mediante la gestión y el apoyo de otro comité que se encontraba trabajando en dicho lugar. Este grupo es de la ciudad de San Lorenzo, en estos más de tres años de intenso trabajo han crecido tanto social como económicamente, son reconocidas en el lugar como mujeres muy trabajadoras.
Una de las integrantes, la señora Ignacia, se dedica a la venta de bebidas, por medio de este negocio puede mantener y sustentar a su familia, comenta que tiene muchos clientes y por consiguiente mucha demanda. Los días donde más pedidos tiene son los fines de semanas, pues los domingos casi no se trabaja y las personas aprovechan para compartir en familia. Desea, algún día poder ampliar su negocio, con lo cual podrá aumentar su capacidad de almacenaje.
El crédito es solicitado para la compra de bebidas, como ser cervezas y vino, para el abastecimiento del local. Está esperanzada en el crédito, pues le será de mucha 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

  • $4,555
    Average annual income
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 3,845.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Group's $3,675 loan helped a member to buy drinks to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011