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Niño Jesus Group
In this Group: Gloria Modesta, Silvina , Lorena , Clotilde , Purificación , Sonia , Rosalina , Graciela , Castorina , Francisca , Maria , Zulma , Leydi , Nilsa
Baby Jesus is the name of the excellent group of women formed in the city of Itá, which is comprised of 14 women working happily and in their 1st cycle as a group within the program. Gloria is the president of the group, and tells us she dedicates herself to sewing, with which she has been able to help her family and give them a better standard of living. She defines herself as a hard-working and entrepreneurial person, who always puts forth her maximum effort.

She requests a loan for the purchase of fabrics, threads, and other supplies with which she can continue working and therefore fill the orders she has.
View original language description ↓
Niño Jesús se denomina el excelente grupo de mujeres conformado en la ciudad de Itá, el cual se encuentra integrado por 14 mujeres quienes se encuentran trabajando muy a gusto ya en el 1° ciclo, en forma conjunta y solidaria dentro del programa.
Gloria es la presidenta del grupo, y nos comenta que se dedica a la costura, con lo cual ha podido ayudar a su familia y de esa forma darle un mejor estilo de vida a su familia. Ella se define como una persona muy trabajadora y emprendedora que siempre se esfuerza al máximo.
Ella solicita el crédito para la compra de telas, hilos, y demás insumos con los cuales podrá seguir trabajando y de esa forma cumplir con los trabajos que tiene.

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
  • 137
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,270.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Niño Jesus Group's $1,775 loan helped a member to buy fabrics, threads and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012