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Jesus Misericordioso Group
In this Group: Veronica, Marcela, Lucia, Liliana, Deolinda, Zonia, Petrona, Pabla, Juana, Nadia, Daniela, Delia
The Jesús Misericordioso Group is comprised of 12 female members who are engaged in various activities, from the sale of cleaning products to working as a homemaker. All of the members of the group are working women who are aware of their needs and who therefore engage in various ventures in order to improve their quality of life and that of their families.

One member of the gorup, Juana, has long worked selling fruits and vegetables. She gets up early and goes to the market to purchase wholesale fruits and vegetables to later sell the highest quality items at the best price to select customers. The loan sought will be used to buy seasonal fruits such as apples, bananas, strawberries, oranges, pears, etc.; as well as vegetables such as lettuce, tomatoes, watercress, carrots, etc. The amount received will be reinvested in her business and the extra revenue will go to improving her quality of life.
View original language description ↓
El comité Jesús Misericordioso esta compuesto por 12 integrantes mujeres que se dedican a actividades varias, desde la venta de productos de limpieza a ama de casas. Todas las integrantes del comité son mujeres trabajadoras, conscientes de sus necesidades y por ello realizan actividades varias para poder mejorar su calidad de vida y la de sus familias.
Una de las integrantes la señora Juana se dedica a la venta de frutas y verduras desde hace tiempo. La señora se despierta temprano y va al mercado local para comprar la mayor cantidad de frutas y verduras para luego venderlas a sus clientes algunos ya fijos al mejor precio y mejor calidad posible.
El crédito solicitado sería para comprar frutas de estación como manzanas, frutillas, naranjas, peras, etc y verduras como lechugas, tomates, berro, zanahorias, etc, todo el monto recibido sería utilizado para re-invertir en su negocio y con los ingresos extras poder mejorar su calidad de vida.

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
  • 138
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesus Misericordioso Group's $1,200 loan helped a member to buy fruits: apples, bananas, strawberries; and vegetables: lettuce, tomatoes, carrots, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012