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Las Amigas Group
In this Group: Carmen Ramona, Blanca , Guillerma , Basilia , Teresita , Blasida , Melania , Felicita , Celia , Leydi , Mirta , Maria , Wilfrida , Bartolina *, Mirtha *, Blanca *
* not pictured
The contact to initiate the present group was one of the members, who invited and organized her friends to become part of the Committee of Entrepreneurial Women program. This is why she calls all her friends by name, since they are all friends and neighbors in this city.

Señora Wilfrida is one of the members, who tells us that her work is sewing and decoration. She has been married to Señor Jorge for 5 years, and she has a son who is 3 years old. Wilfrida dreams of setting up a store to sell clothing and decorations and to succeed this way in offering a better life style to her family and also to continue helping her husband with the household expenses.

She is applying for the loan to purchase the resources that she uses for work, such as fabrics, threads, elastic, scissors, sewing accessories, and other items. She, like her friends, is grateful to Fundación Paraguaya and to Kiva.
View original language description ↓
El contacto para el inicio del presente comité fue una de la miembros quién invito y organizo a sus amigas para formar parte del programa Comité de Mujeres Emprendedoras. Es por eso que lleva por nombre las amigas, ya que todas ellas son amigas y vecinas de esa ciudad.
La sra. Wilfrida es una de las miembros, quien nos cuneta que se dedica a la costura y decoracion, ella está casada con el Señor Jorge hace 5 años, tiene un hijo de 3 años.. Wilfrida sueña con habilitar un salon de venta de ropas y decoracion y lograr asi brindar un mejor estilo de vida a su familia y tambien seguir ayudando a su marido ocn los gastos de la casa.
Ella solicita el crédito para la compra de los elementos de trabajo que usa, como ser telas, hilos, goma, tijera, acesorio de costura y demás insumos. Ella al igual que sus amigas, agradecen a la fundación paraguaya y a kiva.

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
  • 85
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,620.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Amigas Group's $4,075 loan helped a member to buy fabrics, thread, elastic, scissors, sewing accessories, and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 23, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012