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Virgen Del Rosario Group
In this Group: Carmen , Modesta , Beba , Leónidas , Gladys , Liz , Cirila , Hilaria , Dolly , Eleuteria , Julia , Olga , Alicia , Lizandra , Lorena *, María *
* not pictured
The group is made up of 16 very active and hardworking members who have always excelled in all their loans through their dynamism and the unity among all of them.

Lizandra, together with other partners, have guided the other members in their successive loan cycles, and they work tirelessly with the aim of giving their families a better life.

Lizandra is a business owner and sells cosmetics of all kinds. In this way she helps her family. She is requesting the loan in order to buy cosmetics of all kinds, enabling her to meet demand and orders from her customers.
View original language description ↓
El grupo está constituido por 16 integrantes muy activas y muy trabajadoras quienes han sobresalido siempre en todos los ciclos por su dinamismo y unidad de todas ellas.
La Sra. Lizandra junto con otras compañeras ha guiado a las demás integrantes en los sucesivos ciclos, ya que la mismas trabajan incansables con el fin de darle una vida mejor a su familia. Lizandra es comerciante, y se dedica a la venta de cosméticos de todo tipo, con lo cual ayuda a su familia.
Ella solicita el crédito para la compra de cosméticos de todo tipo, con lo cual tendrá cumplir con la demanda y pedidos de sus clientes.

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
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,560.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Rosario Group's $4,225 loan helped a member to buy cosmetics for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012