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Mujeres Valientes Group
In this Group: Juana, María, María, Mirta, Alicia, Alexandra, Perla, Edita, Hilda, Bienvenida, Clorinda, Hilda, Yodalina, Nancy, María*, Frasile*
* not pictured
Sixteen women from the city of Encarnación meet with the intention of getting ahead by all of them working together. Working as a team is of primary importance. That is why they always put forth their maximum efforts in order to achieve their objectives. They are currently in the second cycle of the enterprising women’s program with the Fundación Paraguaya.

Mirta is one of the members of the group. She says that she has been selling cosmetics for a good amount of time. Through this work she is able to cover her expenses and those of her family. She says that due to her kindness and good service she has managed to get ahead and achieve her goals.

She wishes to continue her enterprise. That is why she is requesting the loan to buy more cosmetics. Then she will be able to meet her customers’ demand.

She is very grateful to the Fundación and to Kiva for the great opportunity. This is the only way she will be able to advance.
View original language description ↓
16 mujeres de la ciudad de Encarnación se unieron con el propósito de salir adelante por medio del trabajo en conjunto de todas. El trabajo en equipo es lo principal, por lo que ellas siempre se esfuerzan al máximo para lograr sus objetivos. Actualmente se encuentran en el segundo ciclo del programa de mujeres emprendedoras de la fundación paraguaya.
Mirta es una de las integrantes del grupo, ella comenta que se dedica a la venta de cosméticos hace ya un buen tiempo. Por medio de este trabajo ella puede cubrir sus gastos y también los de su familia. Ella dice que debido a su amabilidad y buena atención ha logrado salir adelante y lograr sus metas. Desea seguir con su emprendimiento y es por ello que solicita el crédito, para la compra de más cosméticos, con lo cual podrá cumplir la demanda de sus clientes.
Esta muy agradecida a la fundación y a kiva por la gran oportunidad que le, pues esta es la única forma para poder progresar.

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
  • 137
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,265.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Valientes Group's $2,300 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012