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Ñañepytyvomba Group
In this Group: Presentacion, Apolonia, Del Rosario, Mirian, Liz, Marta, Leocadia , Rosalia, Apolonia, Angelica, Delia , Marciana, Rumilda, Lorena , Luciana, Romina, Saldi, Rosalba , Delia, Catalina, Basilia
The modest and hardworking women of the Ñañepytyvomba communal bank decided to get involved in this wonderful entrepreneurship, a Fundación Paraguaya loan granted to them, above all to train them so they know how to use these resources.

Presentación is the president of the group. She says she works making and selling handicrafts out of karanday, which is a type of wood. She has done this work for a long time and has good sales because her pieces are highly prized. She's someone who has managed to get ahead and help her family in spite of everything.

She's requesting this loan to buy karanday wood, paint, varnish, and other supplies to be able to continue making her handicrafts and so continue helping her family.
View original language description ↓
Las mujeres del comité Ñañepytyvomba decidieron adentrarse a este maravilloso emprendimiento que ofrece la Fundación Paraguaya de otorgarles un credito siendo ellas humildes trabajadoras y sobre todo capacitarlas para que sepan utilizar esos recursos.
Presentacion es la presidenta del grupo, cuenta que se dedica a la elaboración y venta de artesanías en Karanday, que es un tipo de madera, cuenta que desde hace mucho hace este trabajo y que tiene buena venta, ya que sus artesanías son muy apreciadas, ella es una persona que pese a todo ha logrado salir adelante y ayudar a su familia.
Ella solicita esta ayuda para utilizarla en la compra de karanday, pinturas, barnices y demás insumos para poder seguir haciendo sus artesanías y de esa forma seguir ayudando 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
  • 44
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ñañepytyvomba Group's $5,975 loan helped a member to buy karanday wood, paint, varnish, and other supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013