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Idalina's Group
In this Group: Idalina, Regina, Maria Ana, Eduarda*, Maria Cristina, Juana, Obdulia, Sonia, Francisca, Reinalda, Eudelia, Fidelina, Nelida, Cristina, Aparecida, Estela, Candida
* not pictured
View original language description ↓
The Committee of Enterprising Women was developed by Fundación Paraguaya as a communal bank that offers credit to enterprising women. This program was formed with consideration for the economic, social, and personal needs of the poorest women in the country.


Thanks to the excellent achievements of past groups, these satisfied women invite other friends or relatives to form a new group. That was how this current group of 17 women was born. They hold many types of commercial activities to generate income for their families.


These women work ceaselessly in order to create a better future for their children, provide them with health and education opportunities that they never had. In this way, their children can have a better quality of life through better jobs. Wives, mothers, and micro entrepreneurs, these women are employed in activities such as: selling food, clothing, lottery tickets and newspapers, fashion, fruit, crafts, chicken; recycling; and managing restaurants.


The loan is an important tool for these women to strengthen their small businesses. The loans will be reinvested in their businesses and the earnings will generate important savings. Today they are asking for a new loan that will be invested in various supplies, such as: fruits, vegetables, chicken, corn, fabrics, threads, plastics and cartons to recycle. They’ll also buy ingredients to make fast food, like: meat, ham, cheese, eggs, flour, etc.

Translated from Spanish by Sarah Bishop, Kiva Volunteer.



El Comité de Mujeres Emprendedoras es un programa desarrollado por Fundación Paraguaya orientado a grupos de mujeres emprendedoras, las cuales crean una banca comunal y a través de la misma reciben que asistencia crediticia. Este programa presta atención a las necesidades económicas, sociales y personales de mujeres de menores recursos en el país.



Gracias a los excelentes logros de los grupos formados, estas señoras satisfechas con su trabajo invitan a otras señoras amigas o parientes a formar sus grupo, es así como nace este comité que hoy día está compuesto por 17 señoras que desempeñan distintos tipos de actividades comerciales para generar ingresos a sus familias.



Estas mujeres trabajan incansablemente con el fin de brindar a sus hijos un porvenir mejor, oportunidades de estudio y salud que ellas no pudieron acceder, de este modo ellos podrán mejorar su calidad de vida obteniendo mejores trabajos. Esposas, madres y microempresarias, estas mujeres desarrollan distintas actividades como: venta de comestibles, venta de ropa, venta de loterías y diarios, modistas, venta de frutas, venta de artesanías, reciclaje, cantinas, venta de pollos, entre otras cosas.



El crédito es una herramienta muy importante para estas mujeres ya que esto ayuda a fortalecer sus micro empresas; los creditos solicitados son reinvertidos en sus negocios y con las ganancias obtenidas ellas generan ahorros importantes. Hoy ellas solicitan un crédito nuevo que será invertido para la compra de mercaderías e insumos varios como: frutas, verduras, pollos, maíz, telas, hilos, plásticos y cartones para recliclar, ingredientes para preparar comidas rápidas como carne, jamón, queso, huevos, harina, 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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $28,761,950
    Funds lent in using Kiva
  • 4,150.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Idalina's Group's $3,500 loan helped a member various supplies, such as: fruits, vegetables, chicken, corn, fabrics, threads, plastics and cartons to recycle. Also ingredients to make fast food, like: meat, ham, cheese, eggs, flour, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 3, 2008
Listed
May 19, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2008