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Corazon De Maria Group
In this Group: María Fátima , Gladys , Olga , Wenceslaa , Gloria , Margarita , Gloria , Zulic , Castorina , Petrona , Maria , Dany , Gertrudis , Maria , Zunilda
This communal bank was formed thanks to one of its members who learned about the program for women entrepreneurs. After that she organized her neighbors and friends, and from that came the communal bank called Corazón D. María (Mary’s Heart) which is maD. up for 15 hardworking and tenacious women.

An example of that work is Zunilda, who, thanks to her sewing shop, has been able to get ahead and help her family. She says that her work is going very well since she always has a lot of orders and work. She considers herself to be a hardworking, tenacious, and enterprising woman. She works hard every day to give her family a better future and a new way of life.

She asks for a loan to buy fabric, thread, buttons, and zippers which will be a great help to her shop. She thanks the foundation and Kiva for the opportunity they’ve given her.
View original language description ↓
Este comité se formó gracias a una D. las miembros, quien se informo sobre el programa D. mujeres emprendedoras y luego D. eso formó y organizó a sus vecinas y amigas, D. allí surge el comité llamado Corazón D. María, que está formado por 15 mujeres trabajadoras y luchadoras.
Un ejemplo D. trabajo es la señora Zunilda, quien gracias a su taller D. costura pueD. salir adelante y ayuda a su familia. Comenta que le va muy bien en su trabajo pues siempre tiene muchos pedidos y trabajos, ella se considera una persona muy trabajadora, luchadora y emprendedora. Ella diariamente lucha por darle a su familia un futuro mejor y un diferente estilo D. vida.
Ella solicita el crédito para la compra D. telas, hilos, botones y cierres, lo cual le será D. mucha ayuda en su taller, está agradecida con la fundación y con kiva por la oportunidad que le da.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazon De Maria Group's $3,375 loan helped a member to buy fabric, thread, buttons, and zippers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 20, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012