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Oñondivepa Group
In this Group: Celina , Ramona , Maria , Cythia , Mirian , Mercedez , Mercedez , Gloria , Maria , Maria , Lucia , Liz , Reina , Vicenta *
* not pictured
This group is from the city of Asunción. It is made up of 14 women who are all very hard-working. They are currently in their twelfth cycle; their sense of responsibility and desire to get ahead every day is tangible. They don't want their children to have the same economic and educational problems that they have had to deal with, so they are working even harder.
One of the group members is Mercedez. She sells all types of articles of clothing. She says that this work has allowed her to support her family and get ahead. She has a good customer base, so her business is going very well for her. She wants to continue to invest in her business, in order to keep growing more and more every day.
She is requesting this loan for the purchase of summer clothing. This will allow her to stock up and have a greater variety of clothing in order to satisfy her customers.
View original language description ↓
Este comité es de la ciudad de Asunción, está integrado por 14 mujeres, todas ellas muy trabajadoras y luchadoras.Actualmente se encuentran en su décimo segundo ciclo, donde podemos destacar el sentido de responsabilidad y los deseos de progresar que tienen de cada una de las integrantes en la asistencia en la capacitaciones. Desean que sus hijos no pasen por los mismos problemas económicos y educativos por las que ellas tuvieron que atravesar, es por ello que se esfuerzan el doble.
Una de las integrantes es Mercedez, quien se dedica a la venta de todo tipo de prendas. Ella dice que por medio de este trabajo ella ha podido mantener a su familia y salir adelante. Ella tiene buena clientela, por lo que le esta yendo muy bien en su negocio. Ella quiere seguir invirtiendo en el, para seguir creciendo cada día más y mas.
Ella solicita el crédito para la compra de prendas de verano, con lo cual podrá abastecerse y tener más variedad de prendas con las que podrá cumplir con 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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,265.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Oñondivepa Group's $3,800 loan helped a member to buy summer clothing for the next sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012