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Las Hermanas Group
In this Group: Adelaida, Fatima*, Patrocinia, Maria, Fatima, Digna, Elizabeth, Maura, Agripina, Cleidiane, Digna, Cinthia, Carolina, Norma, Diana
* not pictured
This committee was set up by Fatima who organized her friends and neighbors and created the committee called 'Las Hermanas' (Sisters). The group are currently on their ninth loan cycle with 15 members. This is a group of very responsible and hard-working ladies who are engaged in different business activities. The committee's members are very selfless women who have fought hard their whole lives to get their families ahead in spite of the obstacles they find in their paths.

Here we will talk about Fatima who has been selling food for several years. She gets up very early to prepare her food which she then goes out and sells. She makes her sales as a street vendor and her children help her.

Fatima is requesting this loan to buy meat, chicken and seasonings so that she can prepare the food that she sells.
View original language description ↓
La formación el presente comité inicio la Sra Fatima, quien organizó a sus amigas y vecinas, de donde surge el comité denominado Las Hermanas, actualmente se encuentra en el noveno ciclo con 15 integrantes, es un grupo de señoras muy responsables y trabajadoras, las cuales se dedican diversas actividades. El comité lo conforman mujeres muy sacrificadas que han luchado toda su vida para llevar adelante a sus familiares a pesar de los obstáculos que siempre existen.
Se puede comentar el caso de la Sra Fatima quien se dedica hace varios años a la venta de comida, ella se levanta muy temprano a preparar sus alimentos para salir a venderlos .La venta lo realiza de forma ambulante en lo cual la ayudan su hijos.
Ella solicita el crédito para la compra de carne, pollo, y condimentos, con lo cual podrá prepara los alimentos que ella vende.

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
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 4,040.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Hermanas Group's $4,300 loan helped a member to buy meat, chicken, seasonings, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012