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Belen Poty Group
In this Group: Feliciana, Antonia, Emilia , Stela , Del Pilar , Liz , Julia , Maria , Adelaida , Ceferina , Nancy *, Miguel *
* not pictured
The communal bank "Virgen de Fatima" is in its first loan cycle, in the jointly and severally responsible form of the program. The members work hard and help each other, and in this way they try to advance.

Señora Feliciana works selling clothing and other items. She has a kiosk. She comments that thanks to her business, she has been able to help her family improve its finances.

She is applying for the loan to buy articles of clothing of all types, with which she will stock her kiosk and offer a greater variety to her customers.
View original language description ↓
El comité Virgen de Fátima se encuentra en el 1 ciclo, en forma conjunta y solidaria dentro del programa. Ellas trabajan arduamente y se ayudan las unas a las otras y de esa forma tratan de salir adelante.
L de la Sra. Feliciana se dedica a la venta de ropa, chancho y a demás tiene un kiosco, nos comenta que gracias a su negocio ha podido ayudar a su familia y mejorar su economía.
Ella solicita el crédito para la compra de prendas de todo tipo, con lo cual poda surtirse y ofrecer mayor variedad a sus clientes

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
  • 40
    View loans »
    Paraguay Loans Fundraising
  • $28,194,925
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Belen Poty Group's $1,575 loan helped a member to buy articles of clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013