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Bendicion Group
In this Group: Barbara , Guillermina , Lourdes , Mirian , Maria , Elisa , Maria , Tomasa , Petrona , Delicia , Marian , Nohelia , Vidalia , Maria , Maria
The committee Blessings was born through the management and support of a group of working women. The group is from the city of San Lorenzo, and the members’ main goal is that each woman grows personally and financially. Elisa is one of the entrepreneurial women who has a well-stocked shop that serves her neighbors. She has good sales because she has been doing this for a long time and has a well-defined client base. Her goal is to continue expanding her business. She requests the loan to buy food, drinks, milk, bread, and other supplies with which she will stock her store and meet her customers’ demands.
View original language description ↓
El comité Bendicion 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 San Lorenzo, las integrantes del comité fijaron como objetivo principal el crecimiento de cada una de ellas en lo personal como también en lo económico.
La Sra. Elisa es una de estas mujeres emprendedoras, ella comenta que tiene una despensa, la cual es bien surtida, con esta despensa ella surte a sus vecinos. Comenta que tiene muy buenas ventas ya que gracias al tiempo que lleva en esto ya tiene una clientela bien definida. Su meta es seguir creciendo y ampliar su local.
Elisa solicita el crédito para la compra de comestibles, bebidas, lácteos, panificados y demás insumos, con los cuales podrá abastecerse y 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

  • $4,555
    Average annual income
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $29,502,975
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Bendicion Group's $2,600 loan helped a member buy food, drinks, milk, bread, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 27, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012