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Renacer Group
In this Group: Ramona , Florencia , Mary , Julia , Felicia , María , Ramona , María , Saturnina , Nilza , Aida , Francisca , Juana , Nancy , Ibérica *
* not pictured
This group is named Renacer (To be Born Again) and has 15 members from the city of Este. They formed the group with the idea of improving their earnings, but they realized that this would not be the only benefit to them, but that they also would be trained and be able to grow. They are in the 7th cycle of the program, and they would like to be able to continue.

Felicia is one of the members. She sells all kinds of vegetables. She says that she gets up very early in the morning in order to be able to always have the freshest products to offer her customers. Thanks to her good attention and the good quality of her products she has been able to move her family forward and she says that although she makes sacrifices because of her work she will continue with it in order to give her family all the best, and she does not want them to be deprived.

She is asking for the loan in order to buy tomatoes, locotos [a member of the capsicum family], onions, cabbages, lettuces, and other items with which she will be able to stock up and to have good products to offer her customers.
View original language description ↓
Renacer se denomina el grupo de 15 mujeres de Ciudad del Este, ellas con la idea de poder mejorar sus ingresos, se unieron a la fundación, pero se dieron cuenta que esto no solo les serviría para ello, sino también para capacitarse y seguir creciendo. Actualmente están en el séptimo ciclo del programa, y desean poder seguir.
Una de las miembros es la señora Felicia, ella se dedica a la venta de verduras de todo tipo, comenta que a muy tempranas horas de la mañana se levanta para poder tener siempre los productos más frescos para ofrecer a sus clientes. Gracias a su buena atención y a la buena calidad de sus productos ella ha podido sacar adelante a su familia, y dice que aunque su trabajo sea muy sacrificado ella seguirá para darle a su familia todo lo mejor, ya que no quiere que pasen por privaciones.
Solicita el crédito para la compra de tomates, locotes, cebollas, repollos, lechuzas y demás, con lo cual podrá abastecerse y tener buenos productos para ofrecer a 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

  • $4,555
    Average annual income
  • 72
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 4,220.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $3,375 loan helped a member to buy tomatoes, locotos, onions, cabbages, lettuce and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012