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Corazon De Maria Group
In this Group: Maria Teresa, Maria , Marlene , Liz , Apolonia , Elena , Toribia , Rufilia , Octaviana , Sandra , Ygnacia , Maria
The Group "Corazón de Maria” is seeking its first loan from the Paraguay Foundation's program for women entrepreneurs. They work together with great enthusiasm. There goal is to be able to reach the top level of the program and thus be able to help themselves and their families.

Elena has a business selling pork. She says that things are going well, and that she herself butchers and sells the meat. She is a very hardworking and enterprising person, and most importantly she is willing to make sacrifices so she can help her family and provide them with a better life.

She is seeking this loan to buy pork, which she will use to stock her inventory and be able to fulfill her customers' orders. She thanks the Paraguay Foundation and Kiva for the help that she and her group have received.
View original language description ↓
El comité “Corazón de Maria” se encuentra en el primer ciclo del programa de mujeres emprendedoras de la fundación paraguaya, ellas trabajan unidas y con gran entusiasmo. Su meta es poder llegar al máximo nivel del programa y de esa forma poder ayudarse ellas mismas y a sus familias.
Elena se dedica a la venta de carne de cerco, comenta que le va muy bien en su negocio, ya que ella misma faena la carne y la vende. Es una persona muy emprendedora, trabajadora y por sobre todo sacrificada, que desea salir adelante y ayudar a su familia.
Solicita el crédito para la compra de carne de cerdo, con lo cual podrá abastecer y cumplir con los pedidos de sus clientes. Agradece a la fundación y a kiva por la ayuda que ella y su grupo 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

  • $4,555
    Average annual income
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazon De Maria Group's $1,500 loan helped a member to buy pork.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013