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Maria Auxiliadora Group
In this Group: Zulmira, Teresa , Julia , Francisca , Teodolina , Myrian , Carolina , Marisa , Mirian , Felicita , Elvira
The Maria Auxiliadora group was formed when a number of residents from the Tacuruty community in the city of Santaní joined together. All of the members have their own independent activities, but they also work together on activities to raise capital for use in case of unexpected difficulties. The members have formed a very close group, able to work together well on activities that strengthen their camaraderie.

An example of hard work is Teresa, who has been able to help her family get ahead by raising pigs. She says that through her work she has been able to continue growing, but that it has taken a lot of sacrifice and effort. In spite of that, however, it is going very well for her, since she has good customers. She would like to continue with her work so that she can keep helping her family. Because of this, she is asking for a loan to purchase young pigs to raise and then sell.

She and her friends are very happy with the support of the foundation and Kiva.
View original language description ↓
El comité “Maria Auxiliadora” se formó con la unión D. varias vecinas D. la comunidad D. Tacuruty D. la ciudad D. Santaní. Todas las integrantes tienen actividades independientes, pero también hacen actividades en conjunto para poder juntar un capital para usarlo ante posibles problemas. Las integrantes formaron un grupo muy unido y capaz D. realizar conjuntamente actividades que fortalecen su compañerismo.
Un ejemplo D. lucha es la señora Teresa, quien por medio D. la cría D. cerdos ha podido sacar adelante a su familia. Comenta que con mucho sacrificio y esfuerzo ha logrado ir creciendo por medio D. su trabajo, pero que pese a ello le va muy bien, ya que tiene muy buena clientela. Ella quiere seguir con su trabajo, para que D. esa forma pueda seguir ayudando a su familia, es por ello que solicita el crédito para la compra D. cerdos pequeños para la cría y posterior venta.
Ella al igual que sus amigas está muy contentas con el apoyo D. la fundación y D. kiva.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,405,000
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $2,375 loan helped a member to purchase pigs to raise and then sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 20, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012