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Vya Raity Group
In this Group: Manuela , Gloria , Esmelda , Maria, Arcadia , Maria, Estanislaa , Marta , Ramona , Olga , Petrona , Lucia , Juana , Zulma , Sulli
The Vya Raity group is made up of 15 women from the city of Luque, all of whom are friends and neighbors from the community. They formed this group in order to be able to work together and improve their quality of life and the quality of life for their families.

Marta makes a living selling ice cream and, on the weekends, sells other food items. She has one young son who is her motivation for working hard, since she desires to provide all she can for him and for his future. She hopes to help him grow into a good and deep person who serves others.

She is requesting this loan in order to purchase ice cream and other input items to use in making food and various dishes. Her goal is to grow her business and increase her sales.
View original language description ↓
Vya raity es el grupo que se formó en la ciudad de luque, con 15 mujeres de esa ciudad. Todas ellas son amigas y vecinas de esa ciudad y comentan que se unieron para trabajar juntas y asi poder mejorar las condiciones de ellas y sus familias.
La Sra. Marta se dedica a la venta de helados y tambien los fines de semana a la venta de comestibles, tiene 1 hijo todavia menor de edad. Cuenta ella que todo el esfuerzo que hace es por su hijo, ya que quiere darle lo que necesite para poder estudiar y de esa forma ser una persona de bien, que sirva a los demás.
Ella solicita el credito para la compra de helados y productos para la elaboracion de comestibles, ella tiene como meta abrir un negocio mas amplio y elevar sus venta asi.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,140,525
    Funds lent in using Kiva
  • 4,310.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Vya Raity Group's $2,525 loan helped a member to purchase ice cream and other products for making food.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 22, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012