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Maria Auxiliadora Group
In this Group: Zulmira, Teresa , Julia , Francisca , Teodolina , Myrian , Carolina , Marisa , Mirian , Felicita , Mariela *
* not pictured
The group “Maria Auxiliadora” is from the city of Santaní. The group is made of 11 women, all friends and neighbors that joined forces with the purpose of helping their families by working together.

Mirian, a member of the group, comments that with a lot of sacrifice and effort she is helping her family through her work. She makes her living in retail and comments that she has a very well stocked convenience store through which she supplies her neighbors with what they need. She adds that she began with a small business but as time went by she went along improving her business with her effort and persistence.

She is requesting the loan for the purchase of convenience products, with which she will be able to further stock her store and in this way continue offering a wide variety of products to her clients.
View original language description ↓
El comité “Maria Auxiliadora” es de la ciudad de Santaní, está integrado por 11 mujeres, todas ellas amigas y vecinas que se unieron con el propósito de ayudar a sus familias por medio del trabajo en conjunto.
Mirian es integrante, y comenta que con mucho sacrificio y esfuerzo está ayudando a su familia por medio de su trabajo. Ella se dedica al comercio y comenta que tiene una despensa bien surtida, con la cual abastece a sus vecinos. Comenta que empezó con un pequeño negocio, pero que después lo fue reformando con su esfuerzo y lucha.
Ella solicita el crédito para la compra de productos de primera necesidad, con lo que desea poder surtirse y de esa forma seguir brindando buena variedad a 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

  • $4,555
    Average annual income
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,453,750
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $2,550 loan helped a member to buy inventory for the convenience store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
Jun 9, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012