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Medalla Milagrosa Group
In this Group: Irma Angelica, Dionisia , Nelida , Dionisia , Gertrudis , Dora , Victoria , Fatima , Lorena , Maria , Miguela , Lorenza , Alba , Laura , Jorgelina , Cristhian , Victoria , Guillerma , Alicia , Sixta , Shirley *, Erma *, Irma *
* not pictured
The committee is called “Medalla Milagrosa” (Miraculous Medal) and they are in the 10th cycle with 23 members. It’s a group that stands out in the neighborhood for being very unified, supportive and responsible.

Irma sells fruit and vegetables and she relates that she helps her family by means of this work; she gives them everything they need. Irma is very enterprising and not afraid to work in whatever is necessary in order to help her family and to give them what they need to have a privation-free future.

She asks for the loan to buy fruit and vegetables in order to be well-stocked and offer variety to her customers to also be able to attract more of them.
View original language description ↓
El comité se llama “Medalla Milagrosa ” están en el Decimo Ciclo con 23 integrantes , es un grupo que se destaca en el barrio por ser muy unidas, solidarias y responsables.
Irma vende frutas y verduras, y cuenta que por medio de este trabajo ayuda a su familia y les da todo lo que necesitan. Irma es muy emprendedora y no teme trabajar en lo que sea con tal de ayudar a su familia y darles lo que necesitan para un futuro sin privaciones.
Solicita el crédito para la compra de frutas y verduras, y de esa forma estar bien surtida para ofrecer variedad a sus clientes, y también poder atraer a más.

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
  • 119
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 4,340.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Medalla Milagrosa Group's $4,450 loan helped a member to buy fruit and vegetables to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012