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Mimbi Group
In this Group: Basilica Elizabeth , Juana , Rosa , Lucia , Ninfa , Ilsa , Maria , Liz , Zulma , Martha , Wilma, Maria, Leonidas, Irene, Sebastiana, Lourdes
Sixteen women from the city of Mariono Alonso have united with the desire of helping their families through working together. The members view Fundación Paraguaya’s women entrepreneurs program as a great help, not only for themselves, but also for their families.
Leonidas is part of this group and she tells us that she sells all types of clothing. She works every day from dawn to dusk because she always wants to be able to help her family through this work. She wants to feel useful and this is the reason she is a member of the women entrepreneurs program.
She is requesting this loan to purchase clothing, with which she will stock her business. In this way, she will be able to offer a wider variety of clothing to her customers and also attract new customers.
View original language description ↓
16 mujeres de la ciudad de Mariano Roque Alonso se han unido con las ganas de ayudar a su familia por medio del trabajo en conjunto de todas ellas. Las miembros han visto en el programa de mujeres emprendedoras de la fundación paraguaya, una gran ayuda, no solo para ella sino también para sus familias.
Leonidas forma parte de este grupo, y ella nos cuenta que se dedica a la venta de prendas de todo tipo. Trabaja todos los días de sol a sol, ya que desea poder ayudar siempre a su familia por medio de su trabajo. Ella desea sentirse útil, y es por ello que formo parte del programa de mujeres emprendedoras.
Solicito el préstamo para la compra de ropas, con lo cual podrá surtir su negocio y de esa forma ofrecer una mayor variedad a sus clientes, y también atraer a nuevos.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mimbi Group's $3,175 loan helped a member to purchase clothing for re-sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012