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Fortalez Group
In this Group: Ramona Fidelina, Lidia, Monica, Teresa, Mirna , Elva, Maria , Josefa, Mirian, Luciana, Maria , Mirian , Artemia, Norma, Natividad, Graciela, Librada*, Alicia*
* not pictured
This committee is called “Fortaleza” (Strength) and is in its 2nd cycle with 18 members each with her own activity. They are very united, responsible and mutually supportive. They see a great opportunity to grow in Fundación Paraguaya’s program.

Josefa is one of the members of the group and she tells us that she sell beverages in general. She started out with a small business which thanks to her work and hard effort has been able to grow into a well-stocked business.

She’s asking for the loan to buy beverages like soft-drinks, wine, beer and other types to stock up and be able to continue working.
View original language description ↓
El comité lleva por nombre “Fortaleza”, se encuentra en el 2 Ciclo con 18 integrantes. Cada una con sus respectivas actividades. Son muy unidas responsables y solidarias entre ellas. Y ven una gran oportunidad de crecimiento en el programa de la fundación paraguaya.
La Sra. Josefa es una de las integrantes y nos cuenta que se dedica a la venta de bebidas en general. Empezó con un pequeño negocio y luego gracias a su trabajo y arduo esfuerzo ha podido ir creciendo y tener un negocio bien surtido.
Ella solicita el crédito para la compra de bebidas, como ser gaseosas, vinos, cervezas y demás tipos, con lo cual podrá abastecerse y de esa forma poder seguir trabajando.

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
  • 92
    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 Fortalez Group's $2,850 loan helped a member to buy beverages to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 16, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012