Comité 29 De Setiembre Group
The Committee “29 de setiembre” (September 29th) is formed of a group of 20 women who live in Limpio. A woman who wanted to become member of another Committee in Villa Elisa city could not make it because she was not living in the same town. As a result she contacted 19 other women living in the same town (Limpio) and convinced them to form another group. That is how “29 de septiembre”
(September 29th) was born. Today the Commitee is on its 8th loan cycle and they can request loans ranging from 100.000 to 1.600.000 guaranies (US$ 25 to 400) per member.
Among the businesses these women run are: despensas (grocery stores), sewing shops, sales of cheese, food, drinks, jewelry, cloth, fruits, vegetables, lingerie, and sheets. The money provided by the loan will be used for the purchase of lingerie, meat, vegetables, fruits, jewelry, candies, fabrics, thread, cloth and others.
About Fundación ParaguayaFundación 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
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Success!! The loan was 100% repaid