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Primicia Group
In this Group: Zunilda , Claudia , Mirtha , Graciela , Zunilda , Mirtha , Fabiana , Daxi , Claudia , Susana , Cecilia , Eliana , Karina , Blanca , Ermelinda , Blanca , Celia , Andrea , Cynthia
The Primicia communal bank has been organized and working with the Fundación Paraguaya for three years. All of the women are enterprising, and they have the desire to get ahead through their own efforts.

Mirtha is a member of the communal bank. She joined the bank out of the need to get ahead. She also joined for help that would allow her to generate more income to pay the diverse household expenses.

She sells clothes and cosmetics in an itinerant manner. She yearns for a better future for her offspring. That is why she works hard every day. She does so in order to provide the opportunity for an education and to achieve a better future.

She is requesting the loan to by all types of clothes. This way she will be able to have a good variety of clothes that she can offer her customers.
View original language description ↓
El comité "Primicia" lleva mas de 3 años de organización y trabajo con la Fundación Paraguaya. Todas ellas son mujeres emprendedoras y con ganas de salir adelante por medio de su propio esfuerzo.
La Sra. Mirtha es una de las integrantes de este comité, se unió al comité por la necesidad de salir adelante y una ayuda que le permita generar mas ingresos para solventar los diversos gastos del hogar. Ella es vendedora de ropas y cosmeticos en forma ambulante. Anhela un futuro mejor para su hijo es por eso que se esfuerza todos los días para darles la oportunidad de estudiar y lograr un futuro mejor.
Solicita el crédito para la compra de prendas de todo tipo, con lo cual podrá tener una buena variedad de prendas que pueda ofrecer a 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

  • $4,555
    Average annual income
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $28,691,625
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Primicia Group's $4,750 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 27, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012