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Virgen Del Pilar Group
In this Group: Flavia Caristina, Sabina, Ercilda, Avelina, Karen, Sonia, Teodora, Margarita
This Women’s Committee is named “Virgen del Pilar” and was established in 2008 with great effort. The members are in their eighth loan cycle and have worked together in a united fashion as part of the program. In addition to each of their independent businesses, they also developed fundraising activities in which they have worked together in order to accumulate capital for their group. They help one another so that they can accomplish their objectives, which includes providing financial support for their families.


Sra. Flavia sells all types of food. She says that through her work, she has been able to improve in her activities, her standard of living, and her financial income. Flavia says that thanks to her efforts and with the help of her husband, she has been able to grow her business a little bit at a time. She is requesting a loan to buy supplies for preparing her dishes such as meat, chicken, condiments, and other items.

View original language description ↓
El Comité D. Mujeres D. nombre Virgen del Pilar se conformó en fecha en el año 2008, con mucho esfuerzo ya se encuentran en el octavo ciclo, en forma conjunta y solidaria dentro del programa. Además del trabajo independiente D. cada una, también desarrollan actividades en forma conjunta para recaudar fondos con el fin D. contar con un capital dentro del grupo, a la vez se ayudan mutuamente para llegar a los objetivos que es la D. trabajar para apoyar económicamente a sus familias en especial.
La D. la Sr. Flavia se dedica a la venta D. comidas D. toda variedad, nos comenta que mediante su trabajo pudo mejorar bastante su actividad y su nivel D. vida e ingreso económico. Dice que D. a poco y gracias a su esfuerzo y con la ayuda D. su marido ella ha podido crecer en su negocio.
Ella solicita el crédito para la compra D. los insumos para la elaboración D. los alimentos que prepara, como ser carne, pollo, condimentos y demás.

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
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,150.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Pilar Group's $2,625 loan helped a member to buy meat, chicken, condiments, and other ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012