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Amanecer Group
In this Group: Lady Mabel, Cornelia , Silvia , María , Griselda , María , Laura , Teresa , Alicia , Ramona , Mirta , Jacinta , Sindi , Juana , Sandra , María *
* not pictured
This group is from the city of Encarnación and is in its cycle #20. Thanks to their hard work and mutual support they are getting ahead and they help each other out always.

One of the members of the group is Laura. She has a very well-stocked store at home where she has a well-established clientele thanks to her being a person who is very adept at selling. Her goal is to be able to continue growing to become a great micro businesswoman this way.

Laura relates that she’s asking for the loan to buy soft-drinks, dairy products, meats and other products which are the ones that sell the most. All of the members are grateful for the opportunity they are receiving.
View original language description ↓
Este grupo de la ciudad de Encarnación se encuentran en el ciclo numero 20. Gracias a su arduo trabajo y apoyo trabajo están saliendo adelante y se ayudan siempre las unas a las otras.
Una de las integrantes del grupo es la Sra. Laura ella tiene una despensa bastante surtida en su casa, donde tiene una clientela bien formada gracias a que es una persona con muy buena onda para las ventas. Su meta es poder seguir creciendo y de esa forma ser una gran microempresaria.
Cuenta la Sra. Laura que pide el crédito para la compra de bebidas, lácteos, carnes, y demás productos, ya que son los que mas salida tienen. Agradecen todas ellas por la oportunidad que están recibiendo.

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
  • 126
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,461.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Amanecer Group's $6,150 loan helped a member tgo buy stock merchandise for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jul 16, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012