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Acosta Ñu Group
In this Group: Carina Noemi, Liz, Raquel , Myriam , Mercedes , Lorenza , Eugenia , Gladys , Lorenza , Maria , Yohana , Norma , Maria , Lorena , Marlene , Cristina , Seferina , Fátima *, Tomasa *, Claudia *, Maria *
* not pictured
Twenty-one women from the city of Asunción have joined together so that they can get ahead with their families through the enterprising women program. The committee is currently in its 4th cycle and they stand out for their sense of responsibility in the activities and meetings and for the desire to make progress that each one of them has.

Fátima is one of these women. She comments that thanks to her work and help from the group she’s been able to get ahead and help her family. She relates that she sells all types of clothes like t-shirts, shirts, pants and other types of clothes. She says that her dream is to be able to continue to grow and continue to help her family this way.

Fátima asks for the Fundación’s and for Kiva’s help to be able to buy summer clothes to be prepared for her customers’ orders. She is grateful for the opportunity she’s being given.
View original language description ↓
21 mujeres de la ciudad de Asunción se han unido para que por medio del programa de mujeres emprendedoras puedan salir adelante y ayudar a sus familias. Actualmente este comité se encuentra en su 4to. ciclo en donde se puede destacar el sentido de responsabilidad en las actividades y en las reuniones y los deseos de progresar que tienen cada una de ellas.
Fatima es una de esas mujeres. Ella comenta que gracias a su trabajo y a la ayuda del grupo ella ha podido salir adelante y ayudar a su familia. Ella cuenta que se dedica a la venta de todo tipo de ropas, como ser remeras, camisas, pantalones y demás tipos de prendas. Dice que su sueño es poder seguir creciendo y de esa forma continuar ayudando a su familia.
Fatima pide la ayuda de la fundación y de kiva para poder comprar prendas de verano, y de esa forma estar preparada para recibir los pedidos de sus clientes. Agradece por esta oportunidad que se le esta dando.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $30,747,000
    Funds lent in using Kiva
  • 4,440.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Acosta Ñu Group's $3,325 loan helped a member to buy clothes for subsequent resale.
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