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Mujeres Virtuosas Group
In this Group: Teresa, Ester, Maria, Francisca, Luisa*, Elvira, Clauida, Leona, Graciela, Esmeralda, Ramona, Angela, Wilma, Beatriz, Natividad, Idalina, Gerelita, Josefina, Serafina, Victoria
* not pictured
View original language description ↓
This group from the Arroyo Pora neighborhood has come about due to the influence of another group of women who already have a loan group and are very pleased with the results they’ve obtained. Teresa A. is the General Director of the group, Claudia B. is the Director of Finances, Esmeralda S. is the Director of Public Relations, Victoria C. is the Director of Social Matters, and Wilma Martínez is the Director of Training.


Currently, the group is composed of 20 hardworking women whose businesses are diverse. Among them we can cite: kiosks, bars, seamstressing, cosmetics sales, the sale of a variety of merchandise, food sales, fuel sales, making and selling homemade bread, the sale of aloe vera products, and making aho poí (a typical Paraguayan embroidery), among others. Each member receives, on average, the sum of G. 685,000, which they reinvest in their businesses for the purchase of the ingredients and supplies they need for their small businesses and also a variety of merchandise for resale.


It is for this reason that credit is also a very important tool for these women. With it, they have the possibility of growing and expanding their businesses, so that they can continually increase their income.


With the loan that is being requested on this occasion, these enterprising women will be able to do the following: buy clothing, cosmetics, ingredients for making homemade bread and fast foods—such as flour, milk, eggs, yeast, meats, vegetables, salt, and sugar, among others; to by a variety of items for the sale of jewelry, cosmetics, toys, ect.; also merchandise for small grocery stores, such as canned goods, rice, noodles, and beverages in general; and for the women who work as seamstresses—fabrics, threads, elastics, zippers, buttons, and other sewing supplies.

Translated from Spanish by Jennifer Day, Kiva Volunteer.



Este comité del Barrio Arroyo Pora ha surgido gracias a las influencias de otro grupo de mujeres que poseen ya su comité y están encantadas con el resultado que obtienen. Teresa A. es la Directora General del grupo, Claudia B. es la Directorias de Finanzas, Esmeralda S. Directora de Relaciones Públicas, Victoria C. es Directoria de Asuntos Sociales, y Wilma Martínez es Directora de Capacitación.



Actualmente el comité esta integrado por 20 mujeres trabajadoras cuyas actividades son diversas, entre ellas podemos citar: kioscos, copetín (bar), costureras, venta de ropas, venta de cosméticos, venta de mercaderías varias, venta de comestibles, venta de combustibles, elaboración y venta de pan casero, venta de productos de Aloe Vera, elaboración de Bordados en Aho poí (bordado típico de Paraguay), entre otros. Cada integrante recibe en promedio la suma de G. 685.000 que lo reinvierten en sus negocios para la compra de insumos necesarios para sus microempresas así como también mercaderías varias para sus ventas.



Es por eso que el crédito también es una herramienta muy importante de trabajo para estas señoras, ya que con él tienen la posibilidad de ir creciendo y expandiendo sus actividades, de modo a obtener cada vez más mayores ingresos.



Con el crédito solicitado en esta ocasión estas mujeres emprendedoras podrán adquirir lo siguiente: compra de prendas de vestir, cosméticos, ingredientes para la elaboración de pan casero y comidas rápidas como harina, leche, huevos, levadura, carnes, verduras, sal, azúcar, entre otros; compra de artículos variados para la venta como bijouterie, cosméticos, juguetes, etc.; también mercaderías para despensa como productos enlatados, arroz, fideos y bebidas en general, y para las señoras que se dedican a la costura telas, hilos, elásticos, cierres, botones y demás insumos para la confección.

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
  • 43
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,267.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Virtuosas Group's $3,225 loan helped a member to buy clothing, cosmetics, flour, salt, meta, fruits and vegetables, milk, eggs, canned products, rice, noodles, and beverages in general; to buy fabrics, threads, elastic, zippers, and buttons, among others.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 9, 2008
Listed
May 13, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 28, 2008