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Unidas Group
In this Group: Idalina, Aurelia , Catalina *, Sara , Aparicia , Perla , Rumilda , Mairana , Pablina *, Maria
* not pictured
The 'Unidas' Committee began working with the Fundacion Paraguaya in February 2010. Presently, the group is composed of 10 married women from the same zone who are dedicated to distinct activities that generate good incomes. The members of the committee are very united, responsible, and committed to the group. They demonstrate having a great desire to work and get ahead, as part of the committee and individually.

Aparicia is a member of the group. She sells 'chipa,' a typical Paraguayan bread readily consumed at any time of the day. She can count on a very good clientele and, thanks to her hard work, she provides her family with what they need.

Aparicia is requesting a loan to purchase corn meal, manioc starch, cheese, anis, and the remainder of the ingredients needed to prepare 'chipas.'
View original language description ↓
El Comité “Unidas” empezó a trabajar con la Fundación Paraguaya desde febrero del 2010. Actualmente el grupo está integrado por 10 señoras de la misma zona y se dedican a distintas actividades que les genera buenos ingresos. Las integrantes del comité son muy unidas, responsables y solidarias, manifestaron que tienen muchas ganas de trabajar y salir adelante, tanto con el grupo e individualmente.
Aparicia es miembro del grupo, ella se dedica a la venta de chipa, que es un alimento típico paraguayo muy consumido en cualquier momento del día. Cuenta que tiene muy buena clientela y que gracias a su trabajo da a su familia lo que necesitan. Ella solicita el crédito para la compra de harina de maíz, almidón, queso, anís y demás insumos que necesita para la elaboración de sus chipas.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidas Group's $2,000 loan helped a member buy corn meal, manioc starch, cheese, anis, and other ingredients to make 'chipa,' a popular Paraguayan bread.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013