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Artesanas 3 Group
In this Group: Victorina, Elena , Dominica , Candida , Genara , Regina , Dolores , Juana , Braulia , Maria *
* not pictured
The women of this existing committee are from the city of Caacupé. They are “Las Señoras del Comité Artesana III” (The Women of the Artisan Committee III) and consist of hardworking individuals. The members of this group are very appreciative of Fundación Paraguaya for the support the program has given them so that they can press forward.

The president, Sra. Victorina, is married and has children. She produces and sells baskets. Victorina says that she has done very well because she always has orders. Thanks to the work she has accomplished, she has been able to help with and contribute toward the household expenses.

The loan she is requesting will be used to buy baskets so that she can be stocked and fulfill the orders of her customers.

View original language description ↓
Las mujeres del presente comité son de la Cuidad de Caacupé Las Sras del comité Artesana III, son personas muy trabajadoras, ellas están muy agradecidas con la fundación porque gracias al apoyo que esta les da por medio de su programa están saliendo adelante.
La presidenta, la señora Victorina, está casada, y tiene hijos. Ella se dedica a la producción de canasta y también a su venta. Comenta que le va muy bien, ya que siempre está con pedidos. Gracias a este trabajo ha podido ayudar con los gastos de la casa y de esa forma compartir los gastos de la casa.
Ella solicita el crédito para la compra de canastas, para que de esa forma pueda estar surtida para 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

  • $8,400
    Average annual income
  • 141
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,470.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Artesanas 3 Group's $2,325 loan helped a member to buy baskets for eventual resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Dec 23, 2011
Jan 5, 2012
Currency Exchange Loss:
Aug 15, 2012