Check out some available loans that are similar to this one!
La Victoria Group
In this Group: Rosalina, Limpia, Sandra, Norma, Cintia, Maria, Ana, Maria, Liz, Esther, Rita, Virginia, Zunilda, Elva, Gladys
The “La Victoria” (Victory) committee is in its third cycle; it has 15 members, all women from the same community who carry out a variety of activities within the committee. The committee is very united and excited about the good results they are seeing in their endeavors.

One of the group members is Elva who sells women’s clothing. She has a good number of regular customers but wants to acquire still more. The loan will be used to buy larger amounts of merchandise like t-shirts, shirts, pants, etc. to then resell at a fair price.
View original language description ↓
El comité La Victoria se encuentra en su 3er ciclo, esta conformado por 15 mujeres que viven en la misma comunidad y se dedican a actividades varias dentro del comité.El comité se encuentra muy unido y entusiasmado por los buenos resultados que están viendo en sus emprendimientos.
Una de las señoras del grupo, la señora Elva se dedica a la venta de ropas para mujeres, tiene una clientela formada pero deses abarcar a más cantidades.
El crédito sería utilizado para comprar mayor cantidad de mercaderías como remeras, camisas, pantalones, etc para luego vendarlas a un precio justo.

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
  • 70
    View loans »
    Paraguay Loans Fundraising
  • $28,761,950
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Victoria Group's $1,825 loan helped a member to buy clothes.
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