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Tory Group
In this Group: Nelida , Noelia , Adriana , Maria , Maria , Fabiana , Angelica , Eva , Maria , Lucia , Maria
These eleven women from the Chaco came together in order to work together to help their families. They are determined, hardworking, enterprising women. They are currently in the first loan cycle in the Fundación Paraguaya's program for women entrepreneurs, and they'd like to make the most of it. One of the members is Nelida, who sells all kinds of clothing. Her work earns her a good income that allows her to offer her family the basic conditions for a decent, dignified life. She would like to keep going with her business, and is asking for support from the Fundación Paraguaya and Kiva. She is requesting this loan to buy all kinds of clothing for the approaching season, which will help her fill her customers' requests.
View original language description ↓
11 mujeres del Chaco se unieron para que por medio de su trabajo en conjunto puedan ayudar a sus familias. Ellas son mujeres luchadoras, trabajadoras y muy emprendedoras. Se encuentran actualmente en el primer ciclo del programa de mujeres emprendedoras de la fundación paraguaya, y desean poder llegar al nivel máximo del mismo.
Una de las miembros es la señora Nelida, la cual se dedica a la venta de todo tipo de prendas, trabajo que le trae muy buenos ingresos, mediante los cuales puede darle a su familia las condiciones básicas de vida digna y decorosa. desea poder seguir con su negocio, por lo que solicita la ayuda de la fundación y kiva.
Ella solicita el crédito para la compra de prendas de todo tipo para esta nueva estación que se acerca, con lo cual podrá cumplir con los pedidos de 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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,140.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Tory Group's $1,475 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012