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Nuevas Emprendedoras Group
In this Group: Maria Antonia, Florentina, Maria, Norma, Hortencia, Florentina, Miguela, Maria, Pablina, Lucia, Maria, Cinthia, Maria, Mirian, Basilia, Gloria, Sirley, Marcelina*, Mirian*, Teodosia*, Ascencion*
* not pictured
Twenty-one women from the city of Caaguazú have united in order to work together, help each other, and manage to get ahead by doing so. They are head-of-household women who want to help their children get ahead.
Maria Antonia is the President of the group and works in food sales (empanadas, Paraguayan soup, croquettes). She works day after day, starting very early in the morning, which is when she prepares her food. She says that she helps her family through her work, and that is how they get ahead. Her dream is to be able to have her own business location, so that she may offer her customers more comfort.
She is requesting the loan to purchase sugar, flour, eggs, oil, meat, and other ingredients, so that she can continue to prepare the food she sells. She is grateful that she and her friends are being given this kind of opportunity.
View original language description ↓
21 mujeres de la ciudad de Caaguazú se han unido con el propósito de trabajar juntas y por medio de ese trabajo poder salir adelante y ayudarse las unas a las otras. Ella son mujeres jefas de familia que desean ayudar a sus hijos a salir adelante.
Maria Antonia es la Presidenta del grupo, trabaja en la venta de comestibles (empanadas, sopa paraguaya, croquetas), trabaja día a día desde muy tempranas horas cuando prepara sus comidas. Cuenta que por medio de su trabajo ayuda a su familia y así salen adelante. Su sueño es poder tener un local, propio y así ofrecer mayor comodidad a sus clientes.
Ella solicita el crédito para la compra de azúcar, harina, huevo, aceite, carne y demás insumos para seguir preparando los alimentos que vende. Agradece que ella y sus amigas estén recibiendo una oportunidad como esta.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevas Emprendedoras Group's $4,300 loan helped a member to buy sugar, flour, eggs, oil, meat, and other ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 27, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012