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Tesai Group
In this Group: Marina, Antonia , María , Luisa , María , Esmilce , Virginia , Liz , Pelagia , Graciela , Delanieve , Liz , Limpia , Anastacia *, Lernarda *
* not pictured
This communal bank is named Tesai in honor of the small health foundation in the neighborhood. The members are grateful for the opportunity the Fundación Paraguaya is giving them. It is through this program that they have the possibility of helping their families and of increasing their income. They are currently in their fourth cycle with 15 members.

Antonia is one of the members. She sells cleaning products that she makes herself. She says that it is going very well for her. People really like the products that she makes because they are of good quality and economical. She is described as an enterprising and very hard-working woman. Her family always supports her and inspires her to continue growing and improving.

She is requesting the loan to buy the chemicals that she needs to make the cleaning products that she sells. She will buy things like chlorine, essences, fragrances, bleach, and others. She is grateful to the Fundación and Kiva for the opportunity to progress that they are giving her and her colleagues.
View original language description ↓
El comité se Denomina “TESAI” en homenaje a la pequeña fundación de salud de su Barrio. Las integrantes agradecen la oportunidad que le brinda la Fundación Paraguaya, pues por medio del programa que esta les brinda tienen la posibilidad de ayudar a sus familias y de aumentar sus ingresos. Actualmente se encuentran en el cuarto ciclo con 15 integrantes.
Una de los miembros es la señora Antonia, quien se encarga de la venta de productos de limpieza que ella misma elabora de forma artesanal. Comenta que le va muy bien, ya que a las personas les gusta mucho los productos que ella hace, por que son de buena calidad y económicos. Ella se define como una mujer emprendedora y muy trabajadora. Quienes la inspiran a seguir creciendo y superarse son sus familiares, pues ellos siempre la apoyan.
Ella solicita el crédito para la compra de los químicos que necesita para elaborar los productos de limpieza que vende, como ser, cloro, esencias, fragancias, lavandinas y demás. Agradece a la fundación y kiva por la oportunidad que progreso que les da a ella y a sus compañeras.

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
  • 76
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 4,590.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Tesai Group's $3,675 loan helped a member to buy chlorine, essences, fragrances, bleach, and others to make cleaning products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Jan 17, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012