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Mujeres En Acción Group
In this Group: Matilde , Mirna , Digna , Nelida , Mari , Mirian , Yohana , Damiana , Ruth , Mariela , Hilda , Cinthia , Sandra
The Women in Action (Mujeres en Acción) communal bank was formed when the advisor promoted the program to neighbors and friends in the town of Itá. The group consists of 14 ladies who still work with the same enthusiasm as when they first began. They are already in their 5th cycle. They work together and are very comfortable participating in the program.

One of the members of this group is Mari who sells all kinds of cosmetics of all brands. She started with a few clients, and thanks to her good skills as a saleswoman, her business has been growing and improving every day.

Mari wants to keep working and is therefore requesting this loan because she wants to buy more cosmetics so that she can always be well stocked for her customers.
View original language description ↓
El comité Mujeres en Acción se conformo gracias a que la asesora realizo una promoción a vecinas y amigas de las ciudad de Itá. El grupo está integrado por 14 señoras quienes siguen trabajando con el mismo entusiasmo de cuando empezaron, ya se encuentran en el 5° ciclo, en forma conjunta y trabajando muy a gusto dentro del programa.
Una de las miembros de este grupo es la señora Mari, quien se dedica a la venta de todo tipo de cosméticos, y de todas las marcas. Se inicio con unas cuantas clientas, y luego gracias a su buen papel de vendedora fue creciendo y mejorando cada día más.
Ella quiere seguir trabajando y es por ello que solicita el crédito, pues desea comprar más cosméticos y de esa forma estar siempre bien surtida 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

  • $4,555
    Average annual income
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,602,050
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Acción Group's $3,600 loan helped a member to purchase cosmetics to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012