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Aravoi Group
In this Group: Vilia Concepcion, Blanca , Vidalia , Evangelina , Magdalena , Quirina , Rosalina , Mirian , Ana , Iluminada , Alodia , Johana
There are 12 women from the city of Caacupé, all neighbors, who have joined together so that they could help one another. By working together, they will be able to help their families. They define themselves as hardworking and self-sacrificing women. They are currently participating in their second loan cycle with the Women Entrepreneurs Program of Fundación Paraguaya.


One of the group members is Sra. Johana, a fruit vendor. She says that her job helps her to maintain both her family and her business. Johana works long hours and one of her goals is to continue growing so that someday she will have a large business that sells all types of fruit.


She is requesting assistance so that she can buy all types of fruit such as bananas, oranges, apples, watermelons, melons, and other items because she always runs out of these products.

View original language description ↓
En la ciudad de Caacupé 12 mujeres, todas vecinas de esa ciudad, se unieron con el propósito de ayudarse las unas a las otras, para que por medio del trabajo en conjunto puedan ayudar a sus familias. Ellas se definen como mujeres trabajadoras y muy sacrificadas. Actualmente se encuentran en el segundo ciclo del programa de mujeres emprendedoras de la fundación paraguaya.
Una de las integrantes de este grupo es la señora Johana, quien se dedica a la venta de frutas, comenta que este trabajo la ha ayudado para mantener a su familia y también para mantener a su negocio mismo. Ella trabaja mucho y una de sus metas es poder seguir creciendo y poder tener algún día u negocio grande donde pueda tener todo tipo de frutas.
Ella solicita la ayuda para la compra de frutas de todo tipo, como ser bananas, naranjas, manzanas, sandias, melones y demás, los cuales siempre tienen salida.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $27,463,950
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Aravoi Group's $2,050 loan helped a member to buy bananas, oranges, apples, watermelons, melons, and other fruits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012