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Emprendedoras De Villa Bonita Group
In this Group: Tomasa, Maria Teresa, Ramona, Feliciana, Maria Lourdes, Maria Susana, Daniela, Gasperina, Veronica, Lidia, Rocio, Gladys, Edith, Dionicia, Silvia, Adriana, Vanesa, Estela, Maria Dominga, Celia, Mirian, Cynthia*
* not pictured
The communal bank is very active and despite having some problems they were always able to get ahead. The group is in their sixth loan cycle and they work hard to keep growing and helping each other.

Tomasa is the president; she makes sportswear and says that she always has a lot of work since many students go to her for her business. She needs the loan to buy fabrics; this will help her to keep supporting her family by providing them with what they need.
View original language description ↓
El comite es un grupo muy activo, y apesar de tener algunos inconvenientes siempre supieron salir adelante , el grupo se encuentra en el ciclo seis y se esfuerzan por seguir creciendo y ayudarse.
Tomasa es la presidenta, ella se dedica a la confeccion de buzos y cuenta que siempre tiene mucho trabajo ya que muchos estudiantes van hasta ella para pedirle su trabajo. Ella solicita el crédito para la compra de telas, para que de esa forma siga ayudando a su familia y dándole lo que necesitan.

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
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $28,811,550
    Funds lent in using Kiva
  • 4,410.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedoras De Villa Bonita Group's $3,975 loan helped a member buy fabrics to make sportswear.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012