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La Amistad Group
In this Group: Delia Betariz, Cecilia , Blanca , Marly , Gloria , Alba , Eusebia , Bernardina , Damiana , Rosa , Gregoria , Perceveranda , Saida
The communal bank "La Amistad" was formed by 13 neighbors in the city of Mariano Roque Alonso. All the members of the committee carry out independent activities, but also work together to promote team spirit.

One of the members of the committe, Mrs. Cecilia, is married and has two children. Her husband is a bricklayer and through both of their jobs they support the household. Cecilia has a store where she sells all kinds of products such as clothing, bazaar items, shoes, etc. Her goal is to keep expanding and continue to get ahead for her children.

She is requesting a loan to buy clothing, shoes and other products for her store.
View original language description ↓
El comité La Amistad se formó con la unión de 13 vecinas de la ciudad de Mariano Roque Alonso. Todas las integrantes del comité desarrollan actividades independientes, pero también trabajan juntas para fomentar su compañerismo.
La Señora Cecilia es una de las integrantes del comité, está casada y tiene dos hijos. Su marido se dedica a la albañilería y por medio del trabajo de los dos ayudan a mantener la casa. Cecilia tiene una mercería donde vende todo tipo de productos, como ser ropas, artículos de bazar, calzados y demás. Su meta es seguir creciendo y de esa forma seguir luchando por sus hijos.
Solicita el crédito para la compra de prendas, calzados y demás productos para surtir su mercería.

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
  • 101
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,255.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Amistad Group's $3,375 loan helped a member to buy shoes and clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012