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4 De Octubre Group
In this Group: Edita Esmelda, Silvia , Nidia , Belinda , Antonia , Maria , Lucia , Salustiana , Mary , Emerenciana
This committee is in the 4th loan cycle of the program. It is made up of 10 ladies, who are all neighbors and well-known throughout the area. The members of this group, “4 de Octubre” [4th of October] are very close and they have an excellent payment record. They hope the group will continue progressing to the maximum level of the program “Comité de Mujeres Emprendedoras” [Committee of Enterprising Women].

Edita is the president of this hardworking group and she says that through her cheese sales and chicken breeding she has managed to get ahead and help her family. Everyday Edita shows that with hard work and dedication it is possible to get ahead. She leads her friends by example.

She is requesting the loan to purchase cheese, which she will have in a quantity that will allow her to continue working and at the same time help her family.
View original language description ↓
Este comité esta en el 4º ciclo del programa, esta integrado por 10 señoras, todas son vecinas, conocida de la zona. Las integrantes de este grupo "4 de Octubre", son muy unidas y mantienen excelente conducta de pago. Esperan seguir el grupo llegar al nivel maximo del programa "Comité de Mujeres Emprendedoras".
Edita es la presidenta de este trabajador grupo, y cuenta que por medio de la venta de queso y cría de pollos ha podido salir adelante y ayudar a su familia. Edita día a día muestra que con trabajo y dedicacion se puede salir adelante, enseña a sus amigas mediante su ejemplo.
Ella solicita el crédito para la compra de queso, con lo que podrá tener su producto en cantidad para poder seguir trabajando y a la vez seguir ayudando a su familia.

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
  • 43
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 4 De Octubre Group's $2,150 loan helped a member to purchase cheese to sell on.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013