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Primavera Group
In this Group: Cynthia Montserrat, Julia, Maria , Mirtha , Jorgelina , Fidencia , Zulema , Agustina , Claudia , Cynthia , Celia , Antoliana , Adelaida , Estanilaa , Miguela , Marta , Adela , Alberta , Maria , Flavia , Eduvigis *
* not pictured
The communal bank "Primavera" ("Spring") is in its second year of the program of communal banks of female entrepreneurs, and it is composed of 21 women. The goal of the entrepreneurs is teamwork, fostering the spirit of solidarity, and maintaining group unity in order to reach the highest level. Many women were able to create or improve their business, thanks to the opportunity provided and through trust.

One of the members is Cynthia, who tells us that she works every day beginning very early in the morning. She sells milk, and she tells us that the business is going well because she already has many customers, which brings her a good income. Her dream is to be able to have a big business where she can offer the milk that she sells.

She requests help from Kiva and from the Foundation to buy milk, stock up, and, in doing so, meet the needs of her customers.
View original language description ↓
El comité "Primavera" esta en 2º ciclo del programa comité de mujeres emprendedoras, esta integrada por 21 señoras. El objetivo de cada de una de ellas es trabajar en equipo, fomentar el espíritu solidario y mantener la unidad en el grupo para llegar al nivel máximo. Muchas señoras lograron iniciar y aumentar sus actividades, gracias a la oportunidad brindada y mediante la confianza.
Una de las miembros es la señora Cynthia, quien nos cuenta que trabaja todos los días desde muy tempranas horas de la mañana. Ella se dedica a la venta de leche, y cuenta que le va muy bien, por que ya tiene una clientela bien formada, lo que leo trae muy buenos ingresos. Su sueño es poder tener un negocio grande donde poder ofrecer la leche que vende.
Ella solicita la ayuda de kiva y de fundación para la compra de leche y de esa forma poder abastecerse y tener para poder cumplir con 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
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,470.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Primavera Group's $2,900 loan helped a member to buy milk for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 4, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012