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La Rosa Group
In this Group: Monica Rocio, Adalina, Mariela , Ceferina , Yesmelda , Pablina , Adela , Margarita , Lourdes , Sonia
The "La Rosa" ["The Rose"] group is made up of ten women from the city of Caaguazú who are all friends and neighbors. They are part of the Entrepreneurial Women's Program of Fundación Paraguaya. The goal of these women is to improve each and every group member's quality of life. They want to give their families everything that they could not have themselves.

Monica is one of these women. She sells all types of vegetables. She comments that she has been able to develop a good clientele that always buys from her thanks to the good quality of her produce. One of Monica's goals is to have her own large location where she can offer her products. She is requesting this loan to buy tomatoes, onions, green peppers, lettuce, and other types of vegetables so that she can be well-stocked to meet her customers' demands.
View original language description ↓
La Rosa es denominado el grupo formado por 10 mujeres de la ciudad de Caaguazú, ellas son todas amigas y vecinas de esa ciudad. Ellas forman parte del programa de mujeres emprendedoras de las fundación paraguaya. El objetivo de ellas es mejorar las condiciones de vida de todas y cada una de ellas, desean darle a su familia todo aquello a lo que ellas no pudieron acceder.
Monica es una de estas mujeres, ella se dedica a la venta de todo tipo de verduras. Ella comenta que gracias a la buena calidad de los productos que vende ya pudo formarse una buena clientela que siempre compran de ella. Una de sus metas es tener un propio local grande donde ofrecer sus productos.
Ella solicita el crédito para poder comprar tomates, cebollas, locotes, lechugas y demás tipos de verduras para poder estar abastecida para cumplir con la demanda 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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 4,360.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Rosa Group's $1,125 loan helped a member to buy tomatoes, onions, green peppers, lettuce, and other types of vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 26, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012