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Vya Renda Group
In this Group: Adalvina, Blanca , Dionisia , Maria , Melania , Eugenia , Emigdia , Daniela , Eliza , Marlene *, Irene *
* not pictured
This committee is called “Vya Renda” and it is in its 1st cycle. There are 11 members, who with their respective activities, are very close, responsible and supportive of each other. They help one another to improve their way of life.

Every day from very early in the morning, Adalbina works selling all kinds of clothes. She tells us that she hopes that the Paraguayan foundation’s program will help them greatly, not just her, but also her friends.

Adalbina is requesting the loan to purchase winter clothes as the cold weather is on its way and she has many sales at this time. She is grateful to the Paraguayan foundation and to Kiva for the development opportunity that she is receiving.
View original language description ↓
El comité se Denomina “Vya Renda”, el que se encuentra en el 1 Ciclo con 11 integrantes. Cada una con sus respectivas actividades productivas, son muy unidas responsables y solidarias entre ellas. Y se ayudan para poder mejorar sus estilos de vida.
Adalbina trabaja todos los días desde muy tempranas horas en la venta de prendas de todo tipo. Ella nos cuenta que tiene las esperanzas puestas en que el programa de la fundación paraguaya les ayudará mucho, no solo a ella, sino también a sus amigas.
Adalbina solicita el crédito para la compra de prendas de invierno, ya que se acerca el tiempo de frío y en esta época tiene muchas ventas. Agradece a la fundación paraguaya y a Kiva por la oportunidad de crecimiento que esta recibiendo.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Vya Renda Group's $1,375 loan helped a member to purchase winter clothes 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