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Rosa Mistica Group
In this Group: Graciela, Balbina , Margarita , Maria , Maria , Liz , Miguela , Jessica , Lidia , Anastasia , Cynthya , Mirna , Marciana , Maximina
Rosa Mística Communal Bank, from the San Lorenzo area, is made up of 12 very responsible members. All of them are very responsible and hardworking mothers who always get together to resolve whatever problem and always help their community.

Anastasia is a seamstress, and she says she always has a lot of work. It's because she always does very good work that she has been able to grow and her customers always come back. She says her goal is to continue working and to overcome any challenge that might come up.

She's requesting the loan to buy fabric, elastic, and buttons, with which she'll be able to continue working and fulfilling her commitments to her customers.
View original language description ↓
El comite Rosa Mistica es de la zona de San Lorenzo son 14 integrantes muy responzables. Todas son mamas muy responsables y trabajadoras se reunen siempre para resolver cualquier problemita del grupo y ayudan a su comunidad siempre.
Anastasia es costurera y dice que siempre tiene mucho trabajo, es gracias a que siempre hace muy buenos trabajos que ha podido crecer y es por ello que sus clientes siempre vuelven a ella. Cuenta que su meta es seguir trabajando y superar cualquier desafío que pueda aparecer.
Ella solicita el crédito para la compra de telas, gomas y botones, con lo cual podrá seguir trabajando y cumpliendo con 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
  • 83
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosa Mistica Group's $2,000 loan helped a member to buy fabric, elastic, buttons, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013