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Las Poderosas Group
In this Group: Emigdia, Luz , Rosa , Agustina , Antonia , Mercedes , Milva , Nelli , Priscilda , Malena , Maria, Luisa , Nidia , Maria *, Sandra *
* not pictured
Las Poderosas is the name of a nice group of women that was formed in the city of Itá. The group got its start thanks to one of the members of the group, who contacted Fundación Paraguaya to find out how to form a communal bank. After she was given advice about the program, she successfully brought 15 women together to form the group. The members of the group enjoy working with each other and are now on their third loan cycle with Fundación Paraguaya.

Mercedes is one of the members of this selfless group. She makes a living selling ice cream, and says that her business is going well, especially when the weather is very hot. The months when she has the most sales are from December to February. She is asking for the loan because she wants to stock up in order to offer her customers more variety. She wants to purchase various flavors of ice cream so she will be ready to meet her customers’ orders.
View original language description ↓
Las poderosas se denomina el buen grupo de mujeres conformado en la ciudad de Itá, gracias a que una de las miembros del grupo contactó con la asesora de la fundación para informarse de la forma de trabajo que tiene el Comité de Mujeres Emprendedoras. Una vez asesorada acerca del Programa logró juntar a 15 mujeres quienes se encuentran trabajando muy a gusto ya en el tercer ciclo del programa de la fundación.
Mercedes es una de las integrantes de este sacrificado grupo. Ella comenta que se dedica a la venta de helados, negocio en el que le va muy bien, en especial en este tiempo de mucho calor. Dice que los meses donde más ventas tiene es de diciembre hasta febrero, y es por ello que solicita el crédito ya que desea poder abastecerse para tener gran variedad que ofrecer a sus clientes.
Desea comprar helados de variados sabores y de esa forma estar preparada para afrontar 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

  • $4,555
    Average annual income
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,520.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Poderosas Group's $2,725 loan helped a member to purchase ice cream to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2011
Listed
Jan 17, 2012
Currency Exchange Loss:
Covered
Ended:
May 16, 2012