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Maria Auxiliadora Group
In this Group: Ramona Rosalia, Claudia , Cidy , Pabla , Estela , Ramona , Vidala , Ernesta , Eduvigis , Maria , Victoria , Juana
The María Auxiliadora communal bank was formed through the relationship of 12 neighbors in the city of Mariano. All the members of the bank work independently, but they also have group activities that strengthen their companionship. The members formed a very close group that is known all over the neighborhood for this relationship.

Claudia is one of the members of the bank. She is married and they have one child. She works making tablecloths, sheets, pillowcases, etc. She is a very creative woman who very much wants to get ahead. This is why she always makes the effort to be able to get ahead. She comments that her job lets her be able to support her husband and in this way bear the household together and give a lifestyle of dignity to their child.

She is requesting the loan to buy fabric, thread, elastic, and other supplies with which she will be able to continue working and filling her customers' orders.
View original language description ↓
El comité Maria Auxiliadora se formó con la unión de 12 vecinas de la ciudad de Mariano. Todas las integrantes del comité desarrollan actividades independientes, pero también actividades en grupo que fortalezcan su compañerismo. Las integrantes formaron un grupo muy unido y conocido en el barrio por esa unión.
La Señora Claudia es una de las integrantes del comité, es casada y tienen un hijo. Ella se dedica a confeccionar manteles, sabanas, fundas, etc. Es una señora muy creativa y con ganas de salir adelante., es por ello que siempre se esfuerza para poder salir adelante. Comenta que su trabajo lo hace para poder ayudar a su marido y de esa forma poder sobrellevar juntos el hogar y poder darle un estilo de vida digno a su hijo.
Ella solicita el crédito para la compra de telas, hilos, gomas y demás insumos con los cuales podrá seguir trabajando y cumpliendo con el pedido 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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $27,463,950
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $1,500 loan helped a member to buy fabric, thread, elastic, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2012
Listed
Feb 15, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012