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El Progreso Group
In this Group: Maria Aida, Maria Elena, Liliana, Liliana Concepcion, Isabel , Alcira, Julia Elizabeth, Lilian Concepcion, Blanca, Saturnina Celia*, Gregoria*
* not pictured
This group, called 'Progress', is a committee of 11 structured and diligent women who are united and sisterly to each other. The ladies live in the city of Villarrica and in their eagerness to improve their economic situation they meet once a week to proviD. support and help to each other.

The majority of these entrepreneurs sell crochet work and clothing. The committee members are very determined, and intend to continue participating in the microcredit program to continue to grow their businesses and improve their income.

In addition to solidarity activities, the members say that they wish to open a small business where they all could work and grow together. They will continue their efforts towards this, as all have a similar predisposition and eagerness to reach their goals for the future.

Mrs. Isabel makes and sells clothes. She has sacrificed her life and although she has felt pain over the years, she continues to work toward progress and to improve her quality of life. Her desire is to succeed together with her ​​friends and family. She knows that it is hard to excel in her country, but she never gives up and struggles every day with courage and perseverance. Isabel is now requesting a micro loan to buy more fabrics and materials for the manufacture and subsequent sale of her garments.
View original language description ↓
El grupo "EL PROGRESO" es un comité D. 11 mujeres D. buena estructura, unidas, diligentes y fraternal entre ellas. Estas señoras son D. la ciudad D. Villarrica. Se reúnen una vez por semana para brindar apoyo y ayuda unas a otras en sus afanes D. mejorar su situación económica.
La mayoría D. estas microempresarias se dedican a la venta D. crochet y ropas.
Las integrantes del comité "EL PROGRESO" son perseverantes y tienen la intencion D. seguir participando en este programa D. microcrédito, para dar continuidad al crecimiento y mejoramiento D. sus ingresos económicos.
Además D. las actividades solidarias que tienen, las integrantes D. este grupo manifestaron que anhelan abrir una microempresa en donD. todas juntas podrian trabajar e ir creciendo. Seguirán esforzandose en esto, ya que todas tienen predisposición y muchas ganas D. seguir sobresaliendo con sus metas para el futuro.
La señora Isabel confecciona y venD. las ropas que hace, ella es una mujer sacrificada, a pesar D. los dolores que pueda sentir con el correr D. los años no deja D. trabajar en pos del progreso y D. la mejora D. la calidad D. vida, su deseo es poder salir adelante junto con sus amigas y familia, pues sabe que en el país es muy duro sobresalir pero a pesar D. eso nunca se rinD., lucha cada día con entereza y perseverancia, por eso hoy día solicita un micro crédito para adquirir más telas y materiales necesarios para la confección y posterior venta D. sus prendas.

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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of El Progreso Group's $1,475 loan helped a member to purchase fabric and sewing materials for producing clothes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012