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Divino Niño Jesus Group
In this Group: Gloria Beatriz , Mercedes, Delfina, Olga , Celia, Sady, Epifania, Fabiana, Luci, Katiana, Graciela , Francisca, Maria, Mariela, Cinthia, Evangelina*, Amalia*
* not pictured
The group "Divino Niño Jesus" is of the city of Luque and has 17 members, where all of them make an effort and help each other. Each one's goal is to grow, not only financially but also as people.

Ms. Gloria has four children and is a clothes seller. She comments that thanks to her work she gives her children what they need so they need not experience deprivations. She is seeking the loan in order to purchase more clothing for stocking her business. Gloria has as a goal to keep growing in her business and purchasing more products so as to give her family a better quality of life.
View original language description ↓
El grupo Divino Niño Jesus es de la ciudad de Luque, tiene 17 integrantes, donde todas ellas se esfuerzan y se ayudan las unas a las otras, la meta de cada una es crecer, no solo en lo economico, sino tambien en lo personal.
La sra. Gloria tiene 4 hijos es vendedora de ropa, cuenta que gracias a su trabajo le da a sus hijos lo que necesitan para que no tengan que pasar necesidades. Ella solicito el credito para la compra de mas prendas para acoplar a su negocio. Gloria tiene como meta ir creciendo en su negocio e ir comprando mas productos y asi brindar un mejor estilo de vida a su familia.

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
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Divino Niño Jesus Group's $5,525 loan helped a member to purchase articles of clothing for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Sep 17, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013