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Las Hermanas Group
In this Group: Adelaida, Fatima, Maura , Elizabeth , Norma , Patrocinia , Cleidiane , Digna , Digna , Julia , Angélica , Maria , Fátima , Agripina , Maria
The group called Las Hermanas (The Sisters) is from the town of Carapeguá. There are 15 in the group and they are currently on their tenth loan cycle. The women are hardworking and make a lot of effort to get on as they wish to provide their families with all that they need.

Digna is one of the members of the group. She is a hardworking determined woman who starts work every day at an early hour, the time when her customers go to her store. She has a well-stocked store which she began in small premises but through her efforts has been able to move to a bigger location.

Digna is seeking a loan from the Paraguaya Foundation to buy basics such as sugar, pasta, dairy products etc. She is very grateful for the opportunity that she and her friends have to receive a loan.
View original language description ↓
El comité denominado Las Hermanas, es de la Ciudad de Carapeguá. Actualmente el comité se encuentra en el 10º ciclo con 15 integrantes, son señoras trabajadoras que se esmeran por salir adelante, ya que desean darle a sus familias todas las comodidades que necesiten.
Digna es una de las miembros del grupo, ella es una mujer muy trabajadora y luchadora, que diariamente empieza a trabajar desde muy tempranas horas, ya que desde esas horas ya tiene clientes que acuden a su despensa. Tiene un negocio bien surtido, y nos cuenta que empezó con un pequeño local, pero que por medio de su esfuerzo ha podido crecer.
Ella solicita el crédito a la fundación paraguaya para la compra de productos de primera necesidad, como ser azúcar, fideos, lácteos, y demás insumos, está muy agradecida por la oportunidad que ella y sus amigas están 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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Hermanas Group's $3,975 loan helped a member to buy sugar, pasta, dairy products etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012