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Mujeres Generosas Group
In this Group: Ofelia Francisca, Sonia , Claudia , Blanca , Jovita , Felicita , María , Fidelina , Lucía , Asteria , Mirian , Alicia , Graciela , Myrian , Adolfina , Felipa , Ninfa *, Sonia *
* not pictured
This lending group started thanks to Maria - she contacted her neighbors and friends to form a committee in their area. The group is named "Mujeres Generosas" and they are in their 15th cycle and have 18 members. This group stands out in their neighborhood because it is very united and responsible. They all want to get ahead and help their families.

One of the members is Ofelia, who makes all types of garments. She says that she always has plenty of work and is always full with orders. She says she is a hardworking woman who makes sacrifices to fight for her family's well-being.

She asks for a loan to buy fabric, threads, buttons, zippers and other products to stock her workshop.
View original language description ↓
Para la formación del presente comité inició gracias a la señora María. Ella contactó con sus vecinas y amigas para formar el comité en la zona. El grupo se denomina “Mujeres Generosas”. Están en el Quinto Ciclo, con 18 integrantes. Es un grupo que se destaca en el barrio por ser muy unido, solidario y responsable. Todas ellas desean salir adelante y ayudar a sus familias.
Una de las integrantes es la señora Ofelia, quien se dedica a la confección de todo tipo de prendas, comenta que siempre tiene muy buen trabajo, ya que siempre está llena de pedidos. Ella se define como una mujer muy trabajadora y sacrificada, que lucha por el bien de su familia.
Ella solicita el crédito para la compra de telas, hilos, botones, cierres y demás insumos para abastecer su local.

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
  • 132
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Generosas Group's $3,325 loan helped a member to buy fabric, thread, buttons, zippers and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Nov 27, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012