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Divina Misericordia Group
In this Group: Dominga Mercedes , Elsi , Eloida , Beatriz , Celida , Agustina , Epifanía , Ermelina , Francisca , Trinidad , Unice , Betty , Pabla , Laudelina , Isabel
15 women from the city of Curuguaty met up with the desire to get ahead and support each other and in this way provide a better future for their families. At the moment she is in her second loan cycle and her goal is to be able to get to her maximum level in the program.

Unice is one of the members and she tells us that she makes a living selling all sorts of used clothing. She comments that it is going very well, given that the sales of used clothing has a high demand. As she always has pretty clothes and thanks to the quality and good price of these, she has been able to form a good clientèle.

She requests this loan to buy items of clothing with which she will have more stock and so have more customers. She is very happy for the help they are receiving from Kiva and Fundación Paraguaya.
View original language description ↓
15 mujeres de la ciudad de Curuguaty, se unieron con las ganas de salir adelante y apoyarse las unas a las otras, y de esa forma brindarles un mejor futuro a sus familias. Actualmente se encuentran en en el segundo ciclo, y su meta es poder llegar al nivel máximo del programa.
Unice, es una de las integrantes, y nos cuenta que se dedica a la venta de todo tipo de prendas usadas, comenta que le va muy bien, puesto que la venta de ropas usadas tiene muy buena demanda. Ya que siempre tiene muy lindas ropas y gracias a la calidad y buen precio de las mismas, ha podido formarse ya una buena clientela.
Ella solicita el crédito para la compra de prendas, con las cuales podrá tener mas en stock y de esa forma tener mas clientes. Ellas están contentas por la ayuda que están recibiendo por parte de kiva y de fundación paraguaya.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Divina Misericordia Group's $2,275 loan helped a member to buy clothing items for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012