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General Diaz Group
In this Group: Patricia Angelica, Teodora , Mirtha , Cresencia , Miryam , Alicia , Gloria , Venancia, Myrian , Maria , Venancia *, Liz*
* not pictured
The General Díaz Women's Committee has been a part of the Fundación Paraguaya program since 2011, and they are working hard in their third cycle.

Patricia works selling food, linens, and drinks. She explains that through the help of her group, Fundación Paraguaya was able to really improve her business, her standard of living, and her economic income. She is a person with a strong desire to make a living and, through this work, give her family a decent living without deprivation.

She is requesting the loan to purchase drinks with which she will be able to continue giving her customers the variety they are used to; this will also help her to have a better income.
View original language description ↓
El Comité de Mujeres de nombre General Díaz forma parte del programa de fundación paraguaya desde el 2011, y están trabajando arduamente en el tercer ciclo.
La Sra. Patricia quien se dedica a la venta de comidas, sabanas y bebidas nos comenta que mediante el la ayuda de su grupo y la fundación paraguaya pudo mejorar bastante su actividad y su nivel de vida e ingreso económico. Ella es una persona con muchas ganas de salir adelante y por medio de ese trabajo dar a su familia una vida digna y sin privaciones.
Ella solicita el crédito para la compra de bebidas en general, con lo cual podrá seguir dando a su clientela la variedad a las que están acostumbrados, además esto le ayudará a tener mejores ingresos.

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
  • 44
    View loans »
    Paraguay Loans Fundraising
  • $29,527,325
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of General Diaz Group's $2,500 loan helped a member to buy drinks to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013