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Lujan Group
In this Group: Emilce, Diana , Sandra , Sonia , Shirley , Zulma , Agripina , Maria , Sara , Mirna , Alicia , Maria , Maria , Migdonia , Eusebia *
* not pictured
The communal bank called "Lujan," was formed in the city of Asunción. Currently it is on its second loan, and the sense of responsibility in the participation in the activities and meetings stands out. Each one of the members has a desire to progress, and they also feel responsibility with their payments. They hope that their children don't have the same work and educational limitations, and that is why they put forth double the effort to offer their children opportunities of progress.

Emilce is one of the members of the group. She tells us that she has a grocery store, which she has had for awhile now. Thanks to her work, she has been able to give her family what they need to have a better lifestyle. Her wish is to keep working and it that way to continue helping her family.

She is requesting the loan to buy drinks, baked goods, dairy products, and other necessary products so she can stock her business well. In this way, she will always be supplied for her customers.
View original language description ↓
El grupo llamado lujan se conformo en la ciudad de Asunción. Actualmente este comité se encuentra en su 2do. ciclo en donde se puede destacar el sentido de responsabilidad en las participaciones en las actividades y en las reuniones y los deseos de progresar que tienen cada una de las que integrantes, además de la responsabilidad en los pagos. Desean que sus hijos no pasen por las mismas limitaciones laborales y educativas por eso se esfuerzan el doble para poder brindar a sus hijos oportunidades de progreso.
Emilce es una de las integrantes del grupo, ella nos cuenta que tiene una despensa, con la cual trabaja desde hace ya un tiempo. Gracias a su trabajo ha podido dar a su familia lo que necesitan para un mejor estilo de vida. Su deseo es poder seguir trabajando y de esa forma seguir ayudando a su familia.
Solicita el crédito para la compra de bebidas, panificados, lácteos y demás insumos necesarios para que pueda tener bien surtido su negocio, y de esa forma estar siempre abastecida para sus clientes.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Lujan Group's $2,500 loan helped a member to buy supplies to stock a grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012