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Oñondivepa Group
In this Group: Ramona Florentina , Alberta , Griselda , Concepcion , Maria , Tannia , Magdalena , Lelia , Elvira , Lisa , Maria , Benicia , Silvia , Cinthia , Vidalina , Liz , Sonia , Irma , Zulma *, Mirian *
* not pictured
This communal bank was formed by some members who were already involved in the 'Committee for Entrepreneurial Women' program. They invited their neighbors to join the program, and that is how the communal bank 'Oñondivepa' was formed.

Alberta is a domestic employee, and also has a business selling all kinds of food. Thanks to these jobs she has been able to succeed and help her family. She is married to Damian and they have 4 children. Her goal is to continue working and thus be able to continue helping her family and her husband.

Alberta is requesting this loan to buy the supplies needed to make the food she sells, such as flour, eggs, milk and meat among others. She is grateful to the foundation and Kiva for the opportunity she is receiving.
View original language description ↓
El presente comite se formo por medio de que algunas integrantes ya estaban en el progama de comite de mujeres, las mismas invitaron a sus vecinas para formar parte del programa, y es asi como surge el Comité Oñondivepa.
La sra. Alberta es Empleada Domestica y tambien vendedora de todo tipo de comestibles, trabajos gracias a los cuales ha podido salir adelnate y ayudar a su familia. Ella esta casada con el Sr Damian, con quien tiene 4 hijos. Su meta es seguir trabajando y de esa forma poder seguir ayudando a su familia y a su mmarido.
Ella solicita el crédito para la compra de insumos que necesita para hacer los alimentos que vende, como ser harina, huevo, leche, carne y demás. Agradece a la fundacion y a kiva por la oportunidad que estan 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

  • $8,400
    Average annual income
  • 83
    View loans »
    Paraguay Loans Fundraising
  • $31,496,850
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Oñondivepa Group's $4,575 loan helped a member to purchase flour, eggs, milk and meat, among other ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012