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Mujeres Al Poder Group
In this Group: Blanza Zunilda , Osmayra , Marcia , Shirley , Emilce , Dominga , Nelly , Elvira , Gabriela , Claudia , Karen , Katerin , Nilsa , Melisa , Josefina , Gladys , Ramona , Celsa *
* not pictured
'Mujeres al Poder' (Women in Power) is a communal bank of 18 women, all friends and neighbors, in the city of Asunción. They decided to join the program for female entrepreneurs so that they can help each other and improve their lifestyles for themselves and for their families.

Gladys is one of the group members. She is a very hardworking and enterprising woman, who explains that she makes and sells all kinds of food such as empanadas and sandwiches, among others. She has been maintaining and supporting her family through her business, and dreams of having a premises where she can sell her dishes and thus continue to grow.

Gladys is seeking a loan to stock up on meat, bread, condiments and other supplies to be able to keep producing the food that she sells. She is thankful to the foundation and to Kiva for the opportunity she is receiving.
View original language description ↓
Mujeres al poder es el grupo formado por 18 mujeres de la ciudad de Asunción, todas ellas son amigas y vecinas de esa ciudad. Se decidieron a formar parte del programa de mujeres emprendedoras para que de esa forma puedan ayudarse las unas a las otras y mejorar sus estilos de vida y la de sus familias.
Gladys es una de las miembros del grupo, ella es una mujer muy trabajadora y emprendedora, quien nos comenta que se dedica a la elaboración y venta de comestibles de todo tipo, como ser empanadas, sandwish, y demás tipo, con lo cual ha podido mantener y ayudar a su familia. Ella sueña con tener un local donde poder vender las comidas que hace y de esa forma poder seguir creciendo.
Ella solicita el crédito para abastecerse con carne, panificados, condimentos y demás insumos para poder seguir haciendo los alimentos que vende. Agradece a la fundación y a kiva por la oportunidad que está recibiendo.

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
  • 19
    View loans »
    Paraguay Loans Fundraising
  • $29,384,125
    Funds lent in using Kiva
  • 4,660.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Al Poder Group's $2,550 loan helped a member to purchase meat, bread, condiments and other supplies for food production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012