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General Diaz Group
In this Group: Patricia Angelica, Teodora, Mirtha, Cresencia, Miryam, Alicia, Gloria, Venerarda, Andrea, Myrian*
* not pictured
The General Diaz Women's Committee was established through much effort by its members. They are in their first loan cycle. They all work together in a mutually supportive way, always in an atmosphere of cooperation and development. They are very happy in the program. In addition to each one's independent work, they also come up with joint business activities in order to arrive at their goal of working to support their families financially.

One of the members is Ms. Patricia, who devotes herself to selling prepared meals. She comments that she is able through her to work to improve her living standard considerably as well as her income. In addition she says that with this business her family's finances improved considerably, since currently they possess not only the income of her husband who is an employee of a business, but also the income from her business.

She is seeking the loan for the purchase of the ingredients necessary for making the foods she prepares, such as meat, chicken, vegetables and other items. She appreciates the support of the Foundation as, having obtained the loan, it will be of great help to her.
View original language description ↓
El Comité de Mujeres de nombre General Díaz se conformó con mucho esfuerzo de las miembros. Ellas se encuentran en el primer ciclo, todas trabajan en forma conjunta, solidaria y siempre dentro de un ambiente de cooperación y desarrollo. Se encuentran muy felices dentro del programa. Además del trabajo independiente de cada una, también desarrollan actividades en forma conjunta para llegar a los objetivos que es el de trabajar para apoyar económicamente a sus familias.
Una de las miembros es la Señora Patricia, quien se dedica a la venta de comidas, nos comenta que mediante su trabajo puede mejorar bastante su nivel de vida e ingresos económicos. Además de eso dice que mediante este negocio la economía de la familia mejoró bastante ya que actualmente pose además del ingreso de su marido que es empleado en un negocio, con el ingreso de su negocio.
Ella solicita el crédito para la compra de los ingredientes necesarios para la elaboración de los alimentos que elabora, como ser carne, pollo, verduras y otros. Agradece el apoyo de la Fundación, pues de obtener el crédito 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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 3,940.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of General Diaz Group's $1,425 loan helped a member to buy meat, chicken, vegetables and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Oct 2, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012