Check out other loans that are currently fundraising!
Divino Niño Jesús Group
In this Group: Viviana Aurelia, Liz, Ramona , Laura , Maria , Matilde , Leticia , Luciana , Graciela , Maria , Maria *, Clementina *
* not pictured
The Divino Niño Jesus communal bank was formed thanks to the support and management of a group of women working in the area. This group is from the city of San Lorenzo. The members' main goal is for each of them to grow individually and as business people.
Viviana is the group president. She is a hard-working 32-year-old who is very capable of leading a large group such as this one. She has demonstrated enthusiasm and a desire to succeed throughout all of these loan cycles. She tells us that she sells all sorts of products, such as sheets, covers, bedspreads, blankets, and other home items. She wants to keep expanding her business in order to help her family.
She is requesting this loan for the purchase of sheets, blankets, and other items so that she can have more products in stock in order to fill her customers' orders.
View original language description ↓
El comité Divino Niño Jesus nace mediante la gestión y el apoyo de un grupo de mujeres que se encontraba trabajando en dicho lugar. Este comité es de la Ciudad de San Lorenzo, las integrantes del comité fijaron como objetivo principal el crecimiento de cada una de ellas en lo personal como laboral.
La Sra. Viviana es la presidenta del grupo, tiene 32 años, es una mujer muy emprendedora y capaz de liderar un grupo numeroso como lo es este, durante todos estos ciclos ha demostrado ganas de superación y entusiasmo. Ella comenta que se dedica a la venta de todo tipo de productos, como ser sabanas, fundas, sobrecamas, frazadas y demás artículos para el hogar. Ella desea poder seguir criendo para ayudar a su familia.
Ella solicita el crédito para la compra de sabanas, frazadas, sobrecamas y demás para poder tener más productos en stock para poder cumplir con los pedidos de sus clientes.

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
  • 4,390.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Divino Niño Jesús Group's $1,375 loan helped a member to buy sheets, blankets, bedspreads and more.
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