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Virgen De Lourdes 2 Group
In this Group: Bernardina, Ubaldina, Sonia, Juana, Guillerma, María, Cynthia, Clara, Isabelina, Alejandra
The “Virgen de Lourdes 2” communal bank is currently in its first cycle with ten members who are learning how to work together to help each other by means of teamwork.

Bernardina is one of the members and she comments that she works raising and selling barnyard animals like chickens and pigs. She comments that she helps her family by means of this work and gives them everything they need.

She’s asking for the loan to buy chicks and feed to continue growing and helping her family. The group is grateful for the opportunity they are getting from Kiva and Fundación Paraguaya.
View original language description ↓
El comité ´´Virgen de Lourdes 2´´, actualmente se encuentran en el primer ciclo, con diez integrantes, ellas están aprendiendo a trabajar juntas y a ayudarse por medio del trabajo en conjunto.
Bernardina es una de las miembros y comenta que se dedica a la cría y venta de animales de corral, como ser gallinas y cerdos. Comenta que por medio de este trabajo ayuda a su familia y les da todo lo que necesitan.
Ella solicita el crédito para la compra de pollitos, y balanceados, para que de esa forma pueda seguir creciendo y ayudando a su familia. El grupo agradece por la oportunidad que esta recibiendo de Kiva y fundación paraguaya.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    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 2 Group's $1,250 loan helped a member to buy chicks and feed.
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