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Divino Niño Jesús Group
In this Group: Gertrudis , Anilda , Isabel , Jorgelina , Sara , Virgilia , Maria , Cynthia , Gloria , Mirian , Santiaga , Mirtha , Ruht , Maria *, Isidra *
* not pictured
The contact for starting this communal bank was Sara. She invited and organized her friends to become part of the Comité de Mujeres Emprendoras (Enterprising Women) program. They were happy to do so, and the group came about from that. They are working jointly, helping one another move forward.

Cynthia is one of the members. She sells drinks and lingerie. She has been together with Diego for eight years. He is an ironworker. They have two daughters who are minors, and go to primary school.

She says that her drinks business is going very well, because she always has a lot of customers. This is why she likes to continue investing in it. She is applying for a loan in order to stock up on all kinds of drinks, such as wine, energy drinks, and others.

She dreams about setting up her own business in her home, where she can offer her clients a good variety of meals and drinks, and so manage to increase her income, and provide the best for her family.
View original language description ↓
El contacto para el inicio del presente comité fue la señora Sara, quién invito y organizo a sus amigas para formar parte del programa Comité de Mujeres Emprendedoras. Ellas aceptaron gustosas y de allí surgió el grupo. Ellas están trabajando en forma conjunta, ayudándose para poder salir adelante.
La sra. Cynthia, es una de las miembros, ella se dedica a la venta de bebidas y lencería. Esta acompañada hace 8 años con el señor Diego quien se dedica a la Herrería, tienen dos hijas menores que van a la primaria. Ella comenta que su negocio de bebidas va muy bien, por que siempre tiene muchos clientes, es por ello que le gustaría seguir invirtiendo en el.
Solicita crédito para la compra de bebidas en general, como ser vinos, cervezas, energizantes y demás, para poder abastecerse. Ella sueña con habilitar un negocio propio en su casa donde pueda ofrecer a sus clientes buena variedad de comidas y bebidas, logrando así aumentar sus ingresos y brindarle lo mejor 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

  • $4,555
    Average annual income
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,390.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Divino Niño Jesús Group's $3,700 loan helped a member to buy drinks for later sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Dec 16, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012