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Virgen De La Candelaria Group
In this Group: Graciela, Rossana, Maria, Maria, Maxima, Adriana, Venancia, Rosana, Catalina, Gloria, Ramona*, Maria*
* not pictured
The Virgen de la Candelaria Communal Bank is composed of 12 members, all women, who are dedicated to all kinds of sales, such as food, clothing, sweets, etc. The bank is in its 11th loan cycle in the program showing its great commitment and sense of responsibility.

Sra. Graciela is 42 years old, married and has three children. She works in trade. She would love to continue growing at a business and personal level, to expand her business and have a greater variety of products to offer her clientele and at the same time to be able to offer her family more conveniences.

She wants to use her loan to purchase baked goods, milk products, vegetables and yerba, which she will sell herself.
View original language description ↓
El comité Virgen de la Candelaria esta conformado por 12 miembros en su totalidad mujeres que se dedican a todo tipo de ventas como comestibles, ropas, dulces, etc. El comité se encuentra en su 11 ciclo del programa mostrando gran compromiso y responsabilidad.
La señora Graciela tiene 42 años de edad esta casada y tiene 3 hijos, se dedica al rubro del comercio.Le encantaría seguir creciendo a nivel laboral y personal, agrandar su negocio y así tener mas variedades que ofrecer a su clientela y de igual manera poder ofrecer mayores comodidades a su familia.
La señora desea utilizar el crédito para comprar panificados, lácteos, verduras, yerba, etc. que serían vendidas por ella misma.



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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De La Candelaria Group's $2,350 loan helped a member to puchase merchandise such as baked goods, milk products and meat.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012