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Maria Auxiliadora Group
In this Group: Mirian Cristina, Myrian , Ana , Mirian , Catalina , Luz , Maria , Gloria , Blanca , Ana , Marliniz , Alba , Blanca , Blanca , Mariela , Epifania , Dionisia , Maria , Evangelista , Liz , Gabina *, Dahiana *, Griselda *, Gloria *, Gladys *
* not pictured
The “Maria Auxiliadora” consists of 25 very active and united women who are all friends and neighbors who saw a great opportunity to make headway thanks to the loan program with Kiva partner Fundación Paraguaya. One of the members is Luz, who defines herself as a woman with a strong desire to move up in life and keep growing to be able to help her family. Luz sells food and says that she has a good customer base that always buys her products. It's thanks to her work and sacrifice that she can help her family from day to day. She is requesting the loan to purchase the ingredients she needs to keep making the food she sells. She wants to purchase condiments, meat, empanadas, flour, etc. She is grateful for the help she is receiving because it will be very useful.
View original language description ↓
El comité se denomina “Maria Auxiliadora”, está integrado por 25 señoras muy activas y solidarias todas ellas amigas y vecinas del barrio, quienes vieron una gran oportunidad para salir adelante por medio del programa de la fundación paraguaya.
Luz es una de las miembros del grupo, y ella misma se define como una persona con muchas ganas de salir adelante e ir creciendo para poder ayudar a su familia. Luz vende comestibles y comenta que tiene una buena clientela que siempre compra de ella sus comidas, es gracias a su trabajo y sacrificio que puede ayudar a su familia con el día a día.
Solicita el crédito para la compra de insumos con los cuales podrá seguir preparando los alimentos que vende. Quiere comprar condimentos, carnes, discos de empanadas, harina, etc. Ella agradece por la ayuda que esta recibiendo, pues le será muy útil.

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
  • $30,930,425
    Funds lent in using Kiva
  • 4,255.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $5,625 loan helped a member to purchase condiments, meat, empanadas, flour, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012