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Reseda Group
In this Group: Vicenta, Fermina , Olga , Narcisa , Rosa , Maura , Patricia , Maria , Birila , Liz , Ramona , Marcia , Romina , Maria , Maria , Palmira , Isabel , Shirley , Elizabeth , Rosalba , Lourdes *
* not pictured
All of the members of the committee named "Reseda" are from the District of San Lorenzo. Being a long-time group, the members are very close. They are hard workers who always help one another and those in their neighborhood. The members meet on a weekly basis to submit their payments and plan the activities that they will carry out each month.

Vicenta is the group president. She says that she sells all types of plants. Vicenta offers a wide variety of plants that are requested by many people. Thanks to her efforts, she has been able to move forward and help her family. The loan she is requesting will be used to buy wild plants, which will provide greater variety that she can sell to her customers.

View original language description ↓
El comite de reseda son todas de la zona de San Lorenzo, son muy unidas es un grupo muy antiguo y ellas son muy trabajadoras y unidas por sobre todo se ayudan siempre y en el barrio mismo. Semanalmente se reunen para los pagos y actividades que van realizando cada mes.
Vicenta es la presidenta del grupo, y ella nos comenta que se dedica a la venta de todo tipo de plantas. Comenta que tiene una gran variedad de plantas que son solicitadas por muchas personas. Gracias a su esfuerzo ha logrado salir adelante y de esa forma poder ayudar a su familia.
Ella solicita el crédito para la compra de plantas silvestres, con lo cual podrá tener más variedad que poder ofrecer a sus clientes para la venta.

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $33,622,500
    Funds lent in using Kiva
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Reseda Group's $4,900 loan helped a member to buy wild plants to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 23, 2012
Apr 26, 2012
Currency Exchange Loss:
Sep 15, 2012