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Benicia's Group
In this Group: Benicia, Felicita , Angelina , Marina , Gladys , Hilda , Josefa , Maria , Zully , Juana , Victorina , Balbina *, Antonia *
* not pictured
The Renacer group was formed by a group of women in a town of the same name. This group is very close-knit and well-known in their community for their unity and dedication. They are very hard-working and ambitious women.
Marina is a member of the group who starts work very early to run a general store, as her customers seek to buy items first thing in the morning. She started her business as a very small store, and with her work and dedication has now been able to grow it into a larger business. She now wishes to stock the store with more products, and thus seeks a loan from kiva in order to buy varied food items, drinks, produce, etc.
View original language description ↓
El comité Renacer nace mediante el apoyo de un grupo de mujeres todas vecinas en dicho lugar. Este grupo trabaja de forma unida, y es por ello que son reconocidas en su barrio, por su unión y dedicación. Ellas son mujeres muy trabajadoras y por sobre todo muy luchadoras.
La Sra. Marina es una de las miembros de este grupo, y nos comenta que trabaja todos los días desde muy tempranas horas de la mañana, ya que tiene una despensa y desde muy temprano ya tiene clientes esperándola. Ella nos cuenta que empezó con un negocio pequeño, pero que gracias a su trabajo y dedicación ha podido ir creciendo y llegar a lo que es hoy.
Ella desea abastecer su negocio con mas productos, y es por ello que acude a la fundación y a kiva, ya que desea un crédito para la compra de comestibles, bebidas, hortalizas y demás.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,270.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Benicia's Group's $2,550 loan helped a member to buy items to stock a general store.
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