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Renacer Group
In this Group: Amada Isabel, Claudia, Otilia, Amancia, Sebastiana, Zunilda, Leila, Luisa, Concepcion, Rosa, Natividad, Sergia, Maria*
* not pictured
The women of the loan group Renacer (Rebirth) decided to join the program for women entrepreneurs through the Fundación Paraguaya because they saw a great opportunity in this program and they wanted to be able to help their families.
Rosa works as a seamstress and says that, by means of this work, she has been able to get ahead and cover her family's daily expenses. She is a person who wants to be successful so she keeps growing and helping her own.
She is requesting a loan to buy fabrics, threads, needles, etc, which which she will be able to keep fulfilling her customers' orders.
View original language description ↓
Las mujeres del comité RENACER decidieron formar parte del programa de mujeres emprendedoras de la fundación Paraguaya, ya que vieron una gran oportunidad en este programa y quisieron poder ayudar a sus familias por medio de este.
Rosa se dedica a la costura y comenta que por medio de este trabajo ha podido salir adelante y ganarse el sustento diario para su familia. Ella es una persona que desea poder salir adelante y de esa forma poder seguir creciendo y ayudando a los suyos.
Ella solicita el crédito para la compra telas, hilos, agujas, etc, con lo cual podrá seguir cumpliendo con los pedidos de 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
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $28,924,525
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $2,000 loan helped a member to buy fabric and thread.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013