Check out some available loans that are similar to this one!
Villa Armando Group
In this Group: Evangelista, Rita , Francisca , Mercedes , Lucina , Zulma , Lucila , Lucila , Sergia , Petrona , Maura , Karina , Irma , Nancy , Graciela *
* not pictured
The Villa Armando communal bank is comprised of 15 members. All of them have a little one to whom they devote themselves with great effort and sacrifice. The ladies are very happy because they constantly help each other. Above all else, they are inspired by the great desire to continue making great efforts for their families.

Petrona is part of the group. She says that she is getting ahead and helping her family through a great deal of sacrifice. She is a very self-sacrificing person, and she works a lot selling the variety of clothes that she has. She says that she carries all types of clothes. This helps her to always offer her customers a good variety.

Petrona is asking for help from the Fundación Paraguaya and Kiva. She wants to be able to buy winter clothes. The cold is coming, and she wants to be able to fill the orders she will have.
View original language description ↓
Este Comité llamado Villa Armando, tiene 15 integrantes, donde todas tienen una pequeña a la cual se dedican con mucho esfuerzo y sacrificio. Las señoras se sienten muy emocionadas, la ayuda mutua entre ellas es constante y por sobre todo las inspira las ganas de seguir luchando por sus familias.
Petrona forma parte del grupo, y comenta que con mucho sacrificio está saliendo adelante y ayudando a su familia. Es una persona muy sacrificada y que trabaja mucho vendiendo la variedad de prendas que tiene. Comenta que trae prendas de todo tipo, lo que la ayuda pues siempre ofrece buena variedad a sus clientes.
Petrona pide la ayuda de fundación paraguaya y de Kiva para poder comprar prendas de invierno, ya que se acerca el frío y quiere poder cumplir con los pedidos que tendrá.

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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Villa Armando Group's $1,725 loan helped a member to buy winter clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012