Check out other loans that are currently fundraising!
Renacer Group
In this Group: Ilda, Zaidee, Sara, Felicita, Carmen, Ana, Sara, Aurora, Gilda, Edita, María, Mirta, Rossana, Alcira, Concepción*, Wilma*, Amada*
* not pictured
The committee of women named "Renacer" ("To Be Reborn"), came about on the initiative of one of the members, who had participated in the program as part of another group. After a discussion with the counselor about forming a new group, she brought together 20 women, who are all friends and neighbors in the city. They work together in the program with a lot of pleasure and much effort and care, in a cooperative and mutually supportive way.

Señora Ilda works selling all types of clothing, which earns her a good income. She comments that thanks to this work she has been able to support herself and her family, and that through her efforts she wants to provide her family with a better style of life without deprivations.

One of her goals is to have some premises to sell her clothes. As for her customers, she says that she has many sales and orders that she wants to fulfill.

For this reason, she is requesting the loan so that she can use it to be able to buy more seasonal clothing, and in this way meet her customers' demand.

She is grateful to the Fundación for the opportunity it's giving her, as obtaining the loan will be a great help to her in her undertakings.
View original language description ↓
El Comité de Mujeres de nombre Renacer se conformó mediante la iniciativa de una de las miembros, quien ya había participado del programa en otro grupo, quien luego de una comunicación con la asesora para la formación de un nuevo grupo, logró juntar a 20 mujeres, todas ellas amigas y vecinas de la ciudad, ellas se encuentran trabajando muy a gusto, con mucho esfuerzo y esmero, en forma conjunta y solidaria dentro del programa.
La señora Ilda se dedica a la venta de todo tipo de prendas, los cual le genera un buen ingreso. Comenta que gracias a este trabajo ha logrado mantenerse y mantener a su familia, ya que por medio de su esfuerzo quiere darles un mejor estilo de vida sin privaciones. Una de sus metas es tener un local para vender las ropas que tiene. En cuanto a su clientela dice que tiene muchas ventas y pedidos con los cuales quiere cumplir. Por eso es que solicita el crédito, para que por medio de este pueda comprar más prendas de estación y de esa forma cumplir con lo demandado por sus clientes.
Agradece a la Fundación por la oportunidad que esta el da, pues de obtener el crédito le será de mucha ayuda en sus emprendimientos.

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
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 3,880.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $3,025 loan helped a member to buy clothes for subsequent sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Sep 9, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012