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Pirayu Calle Group
In this Group: Lidia, María , Ramona , Herma , Inocensia , María , Mercedes , Julia , Nilsa , Delia , Máxima , Blanca , María , Juana , Roció , Melissa , Antonia *, Zunilda *
* not pictured
The communal bank has the name “Pirayú Calle” because that is the name of the chapel that is near their houses. They have taken the commitment of keeping the group together and working under this responsibility. They are currently in their eighth loan cycle and have excellent qualifications. The group is made up of 18 women who invest their loans in their respective businesses.

Herma is one of the members. She works in sewing and she tells us this has been her way of making a living for a while. Thanks to this work she has been able to get ahead and help her family, giving them what they need to have a dignified life.

She is requesting a loan to buy fabrics, threads, glues, and other materials that she needs to continue filling her client’s orders.
View original language description ↓
El comité lleva por nombre Pirayú Calle, debido a que así se llama la capilla que se encuentra cerca de sus casas, han asumido el compromiso de mantener unido el grupo y trabajar bajo un marco de responsabilidad. Actualmente se encuentran en el octavo ciclo con calificación excelente, integrado por 18 mujeres quienes invierten sus préstamos en sus respectivas actividades.
Herma es una de las miembros, ella se dedica a la costura, y cuenta que este ha sido su medio de vida hace ya un tiempo. Gracias a este trabajo ella ha podido salir adelante y ayudar a su familia dándoles lo que necesitan para tener una vida digna.
Ella solicita el crédito para la compra de telas, hilos, gomas, y demás insumos que necesita para poder seguir cumpliendo con los pedidos de sus clientes.

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
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Pirayu Calle Group's $4,725 loan helped a member to buy fabrics, threads, glues, and other materials.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 29, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012