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Mujeres Emprendedoras Group
In this Group: Amalia , Maria , Raimunda , Plabla , Dasmari , Fulvia , Alicia , Florencia , María , Francisca
The communal bank "Mujeres Emprendedoras" started up as a result of promotions that were done in their neighborhood. All of the members of this group are from the same neighborhood; they are friends and neighbors. Their goal is to work together to develop a spirit of solidarity, and to rise to the highest level of the program. Maria is one of the members of this group. She has a business selling chipas (cheese filled buns, a traditional Paraguayan snack) which is doing very well, because these are consumed at all hours of the day and during every season of the year. Her goal is to be able to have a big place where she could offer her products for sale.

Maria is requesting a loan to buy chipas. With these, she will be able to continue working, and in this way help her family with the daily household expenses.
View original language description ↓
El comité "Mujeres Emprendedoras"se originó a traves de promociones que fueron hechas en el barrio. Todas las integrantes del grupo son de la misma zona, conocidas y vecinas del barrio. El objetivo de las mismas es trabajar, fomentar el espiritu solidario y llegar al nivel máximo del programa.
La Sra. Maria es una de las miembros del grupo, ella se dedica a la venta de chipas (Alimento típico paraguayo) en lo que le va muy bien, debido a que el mismo siempre es consumido en todo momento del día y en cualquier época del año. Su meta es poder tener un local grande donde poder ofrecer sus productos.
Ella solicita el crédito para la compra de chipas, con lo cual podrá seguir trabajando y de esa forma ayudar a su familia con los gastos del día a día.

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
  • $30,930,425
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $2,150 loan helped a member to buy "chipas" to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012