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Maria Auxiliadora Group
In this Group: Maria, Elsa, Teodora, Juana, Maria, Rossana, Juliana, Ambrosia, Maria, Cristina*
* not pictured
The “María Auxiliadora” committee has 10 members, all women, who for the most part work selling cheese in weekly street markets they organize. The committee is noted for being very united, responsible and above all, enterprising since the women go out to sell what they know best how to make at affordable prices.

One of the members is María who sells various kinds of cheese in the weekly street markets. She generates income this way to support her family.

She will use the loan to buy larger amounts of Paraguay cheese, Magro cheese, cheese for sandwiches, etc.
View original language description ↓
El comité Maria Auxiliadora consta de 10 integrantes, todas mujeres en su mayoría se dedican a la venta de quesos en las ferias semanales que se organizan. El comité se caracteriza por ser muy unido, responsable y sobre todo emprendedor ya que las señoras salen a vender lo que más saben hacer a un precio accesible.
Una de las integrantes, la señora María vende distintas variedades de quesos en las ferias semanales; es así que ella genera sus ingresos para sacar adelante a su familia.
El crédito sería utilizado para comprar mayor variedad como queso paraguay, queso magro, queso para hacer sandwich, etc.

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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $1,250 loan helped a member to buy cheese.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012