Check out some available loans that are similar to this one!
Tesai Group
In this Group: Marina, Antonia, Liz, Maria, Luis, Maria , Esmilce , Virginia , Liz , Pelagia , Graciela , Carmen , Delanieve , Leonarda , Liz , Limpia , Elisa , Pablina , Alcida , Anastacia , Cinthia , Claudelina
This committee was started thanks to Antonia and Marina who had been members of another committee in their neighborhood. The women contacted their friends and neighbors in order to set up their own committee in the neighborhood. The committee is called 'Tesai' in honor of the small health foundation in their neighborhood. The members of the committee are grateful for the opportunity that Fundación Paraguaya are giving them as they will have new opportunities to better carry out their work, contribute to their household income and thereby improve their children's well-being.

This group currently has 22 [female] members who are on their third loan cycle. Antonia sells cleaning products. She says that she has many customers who always buy from her. She has all kinds of products which please her customers. She says that, thanks to this work, she has been able to support and help her family.

Antonia is requesting this loan to buy cleaning products so that she can stock up and have a larger variety of products available.
View original language description ↓
El presente comité se inicio gracias a las Señoras Antonia y Marina quienes ya habían formado parte de otro comité en su barrio. Las mismas contactaron con sus vecinas y amigas para formar su propio comité en el Barrio. El comité se Denomina “TESAI” en homenaje a la pequeña fundación de salud de su Barrio. Las integrantes agradecen la oportunidad que le brinda la Fundación Paraguaya, ya que las mismas tendrán nuevas oportunidades para emprender un mejor trabajo, colaborando con los ingreso de su hogar y así brindarle a sus hijos un mejor bienestar. Actualmente el grupo está integrado por 22 mujeres, trabajando en el tercer ciclo.
La señora Antonia se dedica a la venta de productos de limpieza, dice que tiene muchos clientes que siempre compra de ella. Tiene todo tipo de productos, los cuales gustan a sus clientes. Comenta que gracias a este trabajo ella ha podido mantener y ayudar a su familia.
Ella solicita el crédito para la compra de productos de limpieza, con lo cual podrá abastecerse y tener más variedad de productos.

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

  • $4,555
    Average annual income
  • 40
    View loans »
    Paraguay Loans Fundraising
  • $30,155,700
    Funds lent in using Kiva
  • 4,140.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Tesai Group's $4,550 loan helped a member to buy cleaning products to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012