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Mujeres Virtuosas Group
In this Group: Maria Elsa , Sara , Eva , Alicia , Narcisa , Remigia , Norma , Virginia , Mary , Silvina , Mercedes , Maria , Rufina , Nilsa , Lucia , Perla*
* not pictured
This group in the city of Caacupé consists of 16 women who are neighbours and friends, who struggle on a daily basis to take care of their families,They are determined, self-sacrificing women who see in the Fuindacion's program a great opportunity for progress. One of these determined women is Norma who sells jewelry. Thanks to this work she is able to grow professionally and personally. She says that she already has a clentele that always buys what she sells. Her products are in high demand which is why she is asking for a loan to meet the demand. She wants to buy bracelets, rings, earrings, anklets and other types of jewelry. She is grateful to the Fundacion for the opportunity they are giving her as it is very important for the growth of all of them.
View original language description ↓
16 integrantes tiene este grupo D. la ciudad D. Caacupé, el cual está integrado por vecinas y amigas D. esa ciudad, las cuales luchan diariamente por el sustento D. su familia. Son mujeres luchadoras, sacrificadas, quienes ven en el programa D. la fundación una gran oportunidad D. progreso.
Una D. esas mujeres luchadoras es Norma, quien se dedica a la venta D. joyas, trabajo gracias al cual pueD. crecer como profesional y como persona. Comenta que tiene ya una clientela que siempre prefiere comprar D. ella lo que venD.. Tiene mucha demanda y es por ello que solicita el crédito para poder cumplir con ellas.
Desea comprar pulseras, anillos, aros, tobilleras y otros tipos D. joyas. Agradece a la fundación por la oportunidad que esta les fa, pues es muy importante para el crecimiento D. todas.

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $33,622,500
    Funds lent in using Kiva
  • 4,265.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Virtuosas Group's $2,075 loan helped a member to buy bracelets, rings, earrings, anklets and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 19, 2011
Nov 21, 2011
Currency Exchange Loss:
Mar 15, 2012