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Primicia Group
In this Group: Zunilda , Claudia , Mirtha , Zunilda , Higinia , Mirtha , Daxi , Blanca , Susana , Graciela , Mercedes , Blanca , Antonela , Karina , Cecilia
The Primicia Communal Bank was formed, thanks to its members’ wish to overcome their conditions of life. They are very hardworking and enterprising women who want to get ahead and succeed in life. Their principal motivation has been to provide a better future for their children.

Zunilda is one of those women. She has a shop selling drinks. Thanks to this business and her friendliness and good customer service, she has been able to help her family. She says that the clientele who always come to her place has been growing and thanks to that, she is able to continue expanding her business. One of her goals is to grow even further and to have a spacious and well stocked shop. She is requesting a loan from the Fundación and Kiva in order to buy beer, cider and wine, with which she will be able to supply her shop since the holiday season is fast approaching and she wants to be prepared
View original language description ↓
El comité “ Primicia” se formó gracias al deseo de superación del nivel de vida de sus miembros. Ellas son mujeres muy trabajadoras y emprendedoras, con muchas ganas de salir adelante y de progresar en la vida. Su principal motivación ha sido darles a sus hijos un futuro mejor.
Zunilda es una de esas mujeres, ella tiene un local de venta de bebidas, gracias a este negocio y sumado a su amabilidad y buen trato a los clientes, ella puede ayudar a su familia. Comenta que ya se ha formado una clientela que siempre va hasta su local y que gracias a eso ella puede seguir creciendo y agrandar su negocio. Una de sus metas es seguir creciendo y tener un local bien amplio y surtido.
Ella solicita la ayuda de la fundación y de kiva, para la compra de cervezas, sidras y vino, con lo cual podrá abastecerse, pues se acercan las fiestas y quiere estar preparada.

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
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,265.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Primicia Group's $4,325 loan helped a member to buy beer, cider and wine.
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