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Mujeres Encantadoras Group
In this Group: Fidelina, Maria , Pablina , Alberta , Maria , Maria , Gloria , Rocio , Lucia , Cinthia
Mujeres Encantadoras lending group formed from the union of various neighbors and friends in the city of Caacupé. They are 10 women who decided to get together to work and in this way also be able to support their families. Their principal objective is to be able to grow, not only economically but also personally.

Maria tells us that she works selling charcoal, a growing business, given that lately this has become an alternate means by which to live. She began selling only to her neighbors, but today she has been able to grow and her goal is to be able to continue growing and in this way help her family.

She asks for this loan to buy charcoal, so she can have more in stock, in order to meet the demand of her clients.
View original language description ↓
Mujeres encantadoras se formo de la unión de varias vecinas y amigas de la ciudad de Caacupé. Son 10 mujeres que decidieron unirse para trabajar juntas y de esa forma también ayudar a sus familias. Su objetivo principal es poder crecer, no solo en lo económico, sino también en lo personal.
Maria cuenta que se dedica a la venta de carbón, negocio que va en crecimiento, debido a que últimamente este se ha vuelto un medio alternativo. Empezó vendiendo solo a sus vecinos, pero hoy en día ya ha podido crecer, su meta es poder seguir creciendo y de esa forma ayudar a su familia.
Solicita el crédito para la compra de carbón, con lo cual podrá tener más en stock, y de esa forma cumplir con la demanda 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

  • $8,400
    Average annual income
  • 136
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,380.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Encantadoras Group's $2,200 loan helped a member to buy charcoal to later sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 25, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012