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Mejor Bienestar Group
In this Group: Inocencia , Susana , María , Nilsa , Elvira , Cecilia , Aurelia , Migdonia , Sonia , Ramona
The “Mejor Bienestar” committee originated because of promotions in the neighborhood. All the members are from the same zone and know each-other as neighbors. Their objective is to work, strengthen their spirit of unity, and reach the maximum level of the program.

Inocencia is the group’s president and sells milk in the neighborhood. She also raises pigs and chickens. She wants to progress with the foundation and be able to reach the highest level that she can with the committee. She says that she begins working very early in the morning, which requires a lot of sacrifice. She wants to continue to grow and be able to continue helping her family.

She is asking for this loan to buy milk so she can resupply herself and meet her customer demand. She appreciates the foundation and Kiva for the help they give.
View original language description ↓
El comité "Mejor Bienestar"se originó a través de promociones que se realizaron en el barrio. Todas las integrantes son de la misma zona, conocidas y vecinas del barrio. El objetivo de ellas es trabajar, fomentar el espíritu solidario y llegar al nivel máximo del programa.
La Señora Inocencia es la Presidenta del grupo; trabaja vendiendo leche por el barrio; cría chancho y gallina. Anhela progresar con la fundación y poder llegar al nivel más alto que puede llegar un comité. Nos comenta que ella empieza a trabajar desde muy tempranas horas de la mañana, lo cual es muy sacrificado. Ella desea poder seguir creciendo y de esa forma poder seguir ayudando a su familia.
Inocencia solicita el crédito para la compra de leche, con lo cual podrá abastecerse y cumplir con sus clientes. Ella agradece a la fundación y kiva por la ayuda que le da.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $29,518,125
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mejor Bienestar Group's $1,275 loan helped a member to buy milk for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012