Check out some available loans that are similar to this one!
Maria Auxiliadora Group
In this Group: Matilde, Ramona , Elva , Blanca , Benicia , Antonia , Crispina , Ingrid , Sofia , Sunilda , Rosana , Clara *, Norma *
* not pictured
13 women from the city of Santaní came together with the plan of helping their families through their work. They want their children and relatives not to have to go through the same privations that they have done, and this is why they have decided to organize themselves and enter Fundación Paraguaya's program for entrepreneurial women.

One of the group's members is Señora Matilde. She works as a butcher, selling all types and cuts of meat. She comments that it has taken a while, but she has a solid customer base who always go to her. By means of this business, she has been able to succeed and move her family ahead in life.

She is requesting this loan for the purchase of cuts of meat, beef ribs, and more, with which she can stock up and meet her customers' orders. She is grateful to the Foundation for the opportunity which is being provided to this group.
View original language description ↓
13 mujeres de la ciudad de Santaní se unieron con el propósito de ayudar a sus familias por medio de su trabajo. Ellas desean que sus hijos y familiares no tengan que pasar por las mismas privaciones que ellas, es por eso que deciden organizarse y entrar al programa de mujeres emprendedoras de la Fundación Paraguaya.
Una de las integrantes del grupo es la señora Matilde, ella se dedica a la carnicería, en su negocio vende todo tipo de cortes de carnes. Comenta que lleva un tiempo en esto, por lo que ya tiene una clientela bien formada que siempre acuden hasta ella. Por medio de este negocio ella logra salir y sacar adelante a su familia.
Ella solicita el crédito para la compra de cortes de carnes, costillas vacunas y demás, con lo cual podrá abastecerse y cumplir con los pedidos de sus clientes. Agradece a la Fundación por la oportunidad que esta les brinda como grupo.

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
  • 137
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,100.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $1,775 loan helped a member to buy cuts of meat for later sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012