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Virgen Del Rosario Piribebuy Group
In this Group: Fidelina , Mirtha , Gloria , Norma , Maria , Luz , Maria , Rocio , Maria , Carmen
The women from this communal bank are from the city of Caacupe. The ladiies of the Virgen del Rosario communal bank are very hardworking women, determined and enterprising. They came together with the goal of improving their children's and relatives lifestyle.

Señora Fidelina is the president of the group. She is married and has children. She says that she sells all kinds of clothes. She has been doing this work for quite a while and already has some experience. Thanks to this she has been able attract a good customer base who always buy from her.

She is asking for the loan to buy items such as T-shirts, shorts, pants and other items to have more variety to offer her customers as the holiday season is approaching and New Year is when she has the most demand.
View original language description ↓
Las mujeres del presente comité son de la Cuidad de Caacupé.Las Sras. del comité Virgen del Rosario, son personas muy trabajadoras, luchadoras y muy emprendedoras. Ellas se unieron con el objetivo de mejorar el estilo de vida de sus hijos y familiares.
La señora Fidelina es la presidenta del grupo, ella está casada, y tiene hijos. Comenta que se dedica a la venta de ropas de todo tipo. Ella lleva ya un tiempo en esto por lo que ya tiene un poco de experiencia y gracias a eso es que ya se formó una buena clientela que siempre compran de ella.
Ella solicita el crédito para comprar prendas, como ser remeras, camisas, pantalones, y demás tipos, con los cuales tendrá más variedad para ofrecer a sus clientes, ya que se acerca la época de navidad y año nuevo que es cuando tiene más demandas.

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
  • 89
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,360.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Rosario Piribebuy Group's $1,550 loan helped a member to buy clothes for subsequent resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 26, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012