Check out some available loans that are similar to this one!
Ñepyytyvora 2 Group
In this Group: Bonifacia, Nancy , Liz , Leonida , Brigida , Mariana , Victoria , Guillermina , Marcelina , Pastora , Fabiana , Felicia , Sonia , Esmilda
This communal bank of indigenous women identify themselves with the name Ñeptyvora 2 and they are starting their first loan cycle with 14 members. Some of them are relatives or friends but all are neighbours from the same neighbourhood. As they are indigenous women they didn't all have access to loans or to forming part of a group in other institutions. However, Fundación Paraguaya has given them this opportunity, for which they are very grateful.

Bonifacia is one of the members of the group. She tells us that she makes a living raising and selling animals, such as pigs, chicken, ducks and others. She is a hard working woman and she mentions that she works every day from the very early hours of the morning until very late. She sacrifices herself every day in order to give her family all they need for their day to day living.

She is requesting this loan to buy balanced feed for her animals, with which she will be able to continue working and growing. She is very grateful for the help she and her friends are receiving.
View original language description ↓
El Comité de Mujeres Indígenas se identifico con el nombre de Ñepytyvora 2 y están empezando este primer ciclo un total de 14 mujeres, en las cuales están las que son parientes, amigas pero todas son vecinas del mismo barrio. Como son mujeres indígenas no todas tenían acceso al crédito tampoco a conformar un grupo con otras instituciones así como les dio la oportunidad la Fundación Paraguaya, es por ello que ellas están muy agradecidas por la oportunidad que han recibido.
Bonifacia es una de las miembro del grupo, quien nos cuenta que se dedica a la cría y venta de animales, como ser chanchos, gallinas, patos y demás. Ella es una persona muy trabajadora y comenta que todos los días trabaja desde muy tempranas horas de la mañana, y termina ya muy tarde. Ella se sacrifica todos los días por darle a su familia todo lo que necesitan para el día a día.
Ella solicita el crédito para la compra de balanceados para sus animales, con lo cual podrá seguir trabajando y creciendo. Está muy agradecida por la ayuda 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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,270.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ñepyytyvora 2 Group's $1,825 loan helped a member to buy balanced feed for animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012