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Estrellia Azul Group
In this Group: Elena, Vicenta , Celestina , Elida , Juana , Cecilia , Cynthia , Maria Victoria, Marta , Oliva , Pabla , Gloria , Dominga , Paulina , Pancha , Eugenia , Lisa , Teofila , Antonia *
* not pictured
The Estrellita Azul lending club was born through the management and support of another club that was working in the same place. This lending group is from the city of San Lorenzo and the members' main objective is each of their growth - not only economic, but also personal. They are recognized in their town as very hardworking women.

Vicenta is married and has two children. She is an innovative entrepreneur, and during all of these lending cycles she has demonstrated a desire to overcome and a determination to get ahead. She tells us that she has a well-stocked store that supplies the people in her neighborhood. Thanks to this business she has been able to help her husband with the day-to-day costs of their household.

She is asking for a loan to be able to stock up on meat, milk, eggs, sodas, juices, yerba and other basic goods that sell out most quickly. Vicenta, like the rest of the group, is very happy to be part of the Fundacion Paraguaya program.
View original language description ↓
El comité Estrellita Azul nace mediante la gestión y el apoyo de otro comité que se encontraba trabajando en dicho lugar. Este comité es de la Ciudad de San Lorenzo, las integrantes del comité fijaron como objetivo principal el crecimiento de cada una de ellas, no solo en lo económico, sino también en lo personal. Ellas mismas son reconocidas en el lugar como mujeres muy trabajadoras.
La Sra. Vicenta es una mujer casada, tiene 2 hijos, es una mujer muy emprendedora e innovadora, durante todos estos ciclos ha demostrado ganas de superación y determinación de salir adelante. Ella nos comenta que tiene una despensa bien surtida con la cual surte a las personas de su barrio, y es gracias a este negocio que ella puede ayudar a su marido con los gastos que día a día surgen en la casa.
Ella solicita el crédito para poder abastecerlo con carne, leche, huevos, gaseosas, jugos, yerba y demás insumos de primera necesidad, que son los que más salida tienen. Vicenta, tanto como se grupo está muy contentas de poder formar parte del programa de la 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

  • $8,400
    Average annual income
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Estrellia Azul Group's $4,575 loan helped a member to buy meat, milk, eggs, sodas, juices, yerba and other products.
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