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Luciana's Group
In this Group: Luciana, Selva , Teodolina , Juana , Basilia , Aubreliana , Ignacia *, Mirna , Claudia , Clara , Juana , Maria , Maria , Cristina *
* not pictured
The group of women called Virgen de Fátima came about ten years ago in the city of Ybycui. Work began with the Fundación Paraguaya, and this year, thanks to a promotion offered by one of the members, and through steady communication and visiting with a counselor, a new group was formed by 14 women. The ladies are very united, trustworthy and caring, and they mentioned that they like working together as a team, with strength and care, working together in the group program.

One of these women is Claudia, who works selling chipas (a traditional Paraguayan food dish, prepared from a base of starch), with which she can support her family. She comments that she makes sacrifices to do this work, she travels about daily in order to sell her products, but she tells us that each effort has value in regards to helping her family.

She is asking for a loan in order to buy chipas, so that she will be able to continue with her work and to help her family.
View original language description ↓
El Comité de Mujeres “Virgen de Fátima” es un grupo que surgió hace 10 años atrás en la ciudad de Ybycui. Empezó a trabajar con la Fundación Paraguaya, pero empezó a trabajar con la fundación desde este año gracias a la promoción hecha a una de las miembros, quien luego de una constante comunicación y visita de la asesora se logró formar un nuevo grupo integrado por 14 mujeres. Las señoras son muy unidas, responsables y solidarias, mencionaron que se encuentran trabajando muy a gusto en equipo, con mucho esfuerzo y esmero, en forma conjunta dentro del programa Comité de Mujeres.
Una de esas mujeres es la señora Claudia, quien se dedica a la venta de chipas (alimento tradicional paraguayo, preparado a base de almidón), con lo cual puede mantener a su familia. Comenta que esta es un trabajo muy sacrificado, ya que diariamente recorre mucho para vender sus productos, pero nos dice que todo esfuerzo vale la pena para poder ayudar a su familia.
Ella solicita el crédito para la compra de chipas, con lo que podrá seguir con su trabajo y ayudar a su familia.

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
  • 72
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Luciana's Group's $1,450 loan helped a member to buy chipas to sell later.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2011
Listed
Nov 26, 2011
Currency Exchange Loss:
Covered
Ended:
May 16, 2012