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8 De Diciembre Group
In this Group: Maria Luisa, Dora, Emilda , Blanca , Guillermina , Ana , Valeria , Hilaria , Blanca , Maida , Deasy , Maria , Sixta , Fani , Inocencia , Juana *
* not pictured
The '8 de Diciembre' committee are currently on their third loan cycle within Fundación Paraguaya's Entrepreneurial Women's program. The group is made up of 16 ladies who carry out different business activities but also carry out group activities in order to strengthen their team spirit.

One of the members of this committee is Dora whose business is selling 'chipas' (cheese buns - a traditional Paraguayan food). This provides her with the resources she needs to help her family. She describes herself as a very hard-working and entrepreneurial woman who works as hard as she can every day so that she can continue growing as a small businesswoman.

Dora is requesting a loan to buy starch, cheese, butter, eggs and other supplies she needs for making 'chipas'. This will help her to continue making progress.
View original language description ↓
El Comité 8 de Diciembre se encuentra actualmente en el 3er ciclo del programa de mujeres emprendedoras de la fundación Paraguaya, ellas son 16 señoras que realizan diversas actividades, pero también realizan actividades en grupo, con lo cual fortalecen su espíritu de compañerismo.
Una de las miembros es la señora Dora, quien se dedica a la venta de chipas (alimento típico paraguayo), con lo cual ella puede tener los medio necesarios para poder ayudar a su familia. Ella se define como una mujer muy trabajadora y emprendedora, que día a día se esfuerza al máximo para poder seguir creciendo como microempresaria.
Ella solicita el crédito para la compra de almidón, queso manteca, huevo y demás insumos necesarios para la elaboración de chipas, lo cual la ayudará a seguir progresando.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,270.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $3,250 loan helped a member to buy supplies for making cheese buns.
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