Check out some available loans that are similar to this one!
Yvoty Ii Group
In this Group: Florinda , Obdulia, Ramona, Nancy, Brigida, Juliana, Adriana, Gilda, Perla, Rocio, Ruth, Marisa*, Miryan*
* not pictured
The women's committee named "Yvoty Ii" was formed in 2011. With a great deal of effort they came to their first lending cycle, and they are united and committed to each other in the program. In addition to the work that each one does, they also are developing activities together to collect funds with the goal of gaining some capital for the group. Together they help each other to reach their objectives, which are to work to be able to support their families financially.

Señora Florinda works selling fish. She tells us that through this business her family's financial situation has greatly improved. She is also able to help out with the income of her husband, who is employed in a business.

She is requesting the loan to purchase fish, with which she can increase her stock and meet her customers' needs.
View original language description ↓
El Comité de Mujeres de nombre Yvoty Ii se conformó en el 2011, con mucho esfuerzo se encuentran en el primer ciclo, en forma conjunta y solidaria dentro del programa. Además del trabajo independiente de cada una, también desarrollan actividades en forma conjunta para recaudar fondos con el fin de contar con un capital dentro del grupo, a la vez se ayudan mutuamente para llegar a los objetivos que es la de trabajar para apoyar económicamente a sus familias en especial.
La Señora Florinda se dedica a la venta de pescado. Ella nos comenta que mediante este negocio la economía de la familia mejoró bastante ya que además ayuda el ingreso de su marido que es empleado en un negocio.
Ella solicita el crédito para la compra de pescado, con lo cual podrá aumentar su stock y cumplir con sus clientes.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,050.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Yvoty Ii Group's $1,775 loan helped a member to buy fish for later sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012