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Mujeres Unidas Del Divino Niño Jesus Group
In this Group: Petrona, Silvina, Laura, Asela, Clara, Josefina, Rosa, Teodora, Maria, Elpidia, Gloria, Perla, Andresa*
* not pictured
This committee, named “United Women of the Divine Child Jesus,” was formed thanks to the initiative of one of its members, who had heard about the program for enterprising women promoted by the Paraguay Foundation. Afterwards, she got together with her friends and neighbors to create what became the group. All the women united around the proposal of improving their condition of life and that of their families.

One of the members is Andresa who has a notions shop where she sells all sorts of articles, including items of clothing, gift articles, and other things. By means of the store, which generates her income, she can maintain her family and all those who depend on her. Andresa comments that she has a well-developed clientele who always buy from her.

Andresa requests the loan to buy gift articles, items of clothing, and other items to supply her shop, and in this manner, to be able to satisfy her customers. She is very grateful to the Foundation for the opportunity it provides.
View original language description ↓
El comité denominado Mujeres Unidas del Divino Niño Jesús, se formó gracias a la iniciativa D. una D. las miembros, la cual había escuchado sobre el programa D. mujeres emprendedoras D. la Fundación Paraguaya. Después D. esto formó a sus amigas y vecinas D. lo que surge el grupo. Todas ellas se unieron con el propósito D. mejoras sus condiciones D. vida y la D. su familia.
Una D. las miembros es la señora Andresa, ella tiene una mercería, donD. venD. todo tipo D. artículos, como ser prendas D. vestir, artículos para regalo y otros. Mediante su negocio, el cual le genera sus ingresos, ella pueD. mantener a su familia y a quienes D. ella dependen. Comenta que tiene una clientela bien formada que siempre compran D. ella.
Ella solicita el crédito para la compra D. artículos para regalos, prendas y otros artículos para abastecer su local y D. esa forma poder cumplir con sus clientes. Agradece a la Fundación por la oportunidad que esta le da.

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
  • 125
    View loans »
    Paraguay Loans Fundraising
  • $31,646,475
    Funds lent in using Kiva
  • 4,100.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Del Divino Niño Jesus Group's $2,325 loan helped a member buy gift merchandise, including women's garments, and other items to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011