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Yvoty Group
In this Group: Felicia, Porfiria , Guillermina , Dominga , Avelina , Carmen , Porfiria , María , María , Cynthia , Felipa , Liz
The Yvoty communal bank has made the pledge to stay united as a group and to work within the framework of honesty and responsibility. They are currently in their ninth cycle, where all of them try hard and struggle to give the best to their families.

Felicia is one of these women. She is a very hard-working and enterprising woman. She struggles to give the best that she can to her family. She does this so that they do not lack for any of the necessities. She says that she devotes herself to sales. She has a well-stocked grocery store, where most of her neighbors shop. Thanks to her effort and her work she has managed to grow and to have a better business.

She is requesting the loan to buy drinks, dairy products, baked goods, vegetables, and the other supplies in order to have a well-stocked store.
View original language description ↓
El comité lleva por nombre Yvoty, han asumido el compromiso de mantener unido al grupo y trabajar bajo un marco de honestidad y responsabilidad. Actualmente se encuentran en el Noveno ciclo, donde todas tratan y luchan por darle lo mejor a sus familias.
Felicia es una de estas mujeres, ella es una persona muy trabajadora y emprendedora, que lucha por dar lo mejor que pueda a su familia, y que no tengan que pasar por ningún tipo de necesidades. Ella comenta que se dedica a las ventas, ya que tiene una despensa bien surtida, don de la mayoría de sus vecinos va. Gracias a su esfuerzo y su trabajo ha logrado crecer y tener un mejor negocio.
Ella solicita el crédito para la compra de bebidas, lácteos, panificados, hortalizas, verduras y demás insumos para tener bien surtida su despensa.

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
  • 83
    View loans »
    Paraguay Loans Fundraising
  • $31,492,275
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Yvoty Group's $2,000 loan helped a member to buy drinks, dairy products, baked goods, vegetables, and the other supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012