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8 De Diciembre Group
In this Group: Rosalia, Celestina, Beatriz, Raimunda, Fidelina, Maria, Gregoria, Liliana, Elva, Maria*, Maria, Irma, Gloria, Mirta, Antonia, Maria, Arminda*, Froilana*
* not pictured
This committee is called December 8th. It is located in the city of Concepción and is made up of 18 women, who are all friends and neighbours. The women are very close. They support each other constantly and above all the inspire each other to keep fighting to give their families what they were unable to have. One member is Rosalia, who tells us that she makes a living selling all kinds of things. She has a grocery store which is well stocked with a variety of products. Thanks to her hard work and good customer service, this business is going very well for her. She is asking for this loan to stock up on milk, soft drinks, pasta and other popular items. She is very grateful to the foundation.
View original language description ↓
Este Comité se llama 8 de Diciembre, es de la ciudad de Concepción y está integrado por 18 mujeres, quienes son todas amigas y vecinas de esa ciudad. Las señoras se sienten muy emocionadas, la ayuda mutua entre ellas es constante y por sobre todo las inspira las ganas de seguir luchando por sus familias y darles lo que ellas no pudieron tener.
Una de las miembros es la señora, Rosalia, quien nos comenta que se dedica a las ventas de todo tipo. Ella tiene una despensa bien surtida, con todo tipo de productos. Es gracias a su arduo trabajo y a la buena atención a sus clientes que le está yendo muy bien.
Ella solicita el crédito ya que quiere abastecerse con leche, gaseosas, fideos, y demás insumos que son los que más vende y lo que más salida tienen. Agradece a la fundación

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,270.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $3,375 loan helped a member to buy milk, soft drinks, pasta and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012