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Las Amigas Group
In this Group: Margarita, Mirian, Liz, Maria, Pablina, Maria, Liduvina, Maria, Maricelba, Nimia, Maria, Maria, Raquel, Luz, Gladys, Valentina, Catalina, Teresa, Lidia, Claudelina, Esmilce
The group is called "Las Amigas" because all of the members depend on each other to make headway, and the members are doing that by helping one another and making progress with their activities. Margarita is the group's president, and she defines herself as a very hard worker and above all a very enterprising woman. She has made a living running a bookstore for some time, and she has a good customer base that is always coming by to purchase the items she sells. She is requesting the loan to purchase notebooks, books, pencils, erasers, brushes and other supplies to keep her business stocked for her customers.
View original language description ↓
El comité se llama “Las Amigas” ya que todas dependen unas de otra para que su comité salga adelante y las integrantes están para ayudarse y seguir progresando en sus actividades.
Margarita es la presidenta del grupo, y ella misma se define como una persona muy trabajadora y por sobre todo muy emprendedora. Comenta que se dedica a la venta de librería desde hace un tiempo, por lo que tiene ya una buena clientela que siempre acude a comprar de ella los útiles que vende.
Solicita el crédito para la compra de cuadernos, libros, lápices, borradores, pinceles y demás insumos para poder seguir surtiendo 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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Amigas Group's $3,750 loan helped a member to purchase notebooks, books, pencils, erasers, brushes and other items.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jun 27, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012