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Virgen De Lourdes 1 Group
In this Group: Ana María, Lucia, Jeny, Irene, Isabel, Eulalia, Felicita, Emilce, Emilce, Alejandra
The “Virgen de Lourdes 1" Group began by the initiative of one of its members. The group is now in its first loan cycle and has 10 members.

All of the women in this group raise and sell farm animals such as chickens, pigs, sheep and other animals. All of the women are very hard-working and are enthusiastic to get ahead and to help each other.

Emilce is one of the members. She is seeking a loan so that she can buy nutritious food for her animals and by doing this, she will be able to get ahead and help her family.
View original language description ↓
El comité “Virgen de Lourdes 1", se conformó con la iniciativa de una de las miembros. Actualmente se encuentran en el primer ciclo, con diez integrantes.
Todas las mujeres de este comité se dedican a la cría y venta de animales de corral, como ser gallinas, cerdos, ovejas y demás. Todas ellas son mujeres muy trabajadoras y con mucho entusiasmo por salir adelante y ayudarse las unas a las otras.
Emilce es una de las miembros, ella solicita el crédito para la compra de balanceados para sus animales, y de esa forma poder seguir saliendo adelante y ayudando a su familia.

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
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $27,485,400
    Funds lent in using Kiva
  • 4,540.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Lourdes 1 Group's $1,250 loan helped a member to buy nutritious food for the animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013