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Las Amigas Group
In this Group: Claudelina, Gloria, Maria, Mirna, Elizabeth, Eva, Mercedes, Adela , Martha, Jorgelina, Blanca, Maria, Serafina, Myriam*, Daniela, Lisa, Maria, Gabriela*, Liz*, Bernardina*, Cinthia
* not pictured
The communal bank called "Las Amigas" (The Friends) is from the city of Caaguazú. They are now in their 12th loan cycle. The group consists of humble, very hard-working women who strive every day to achieve.

The president of the group is Señora Claudelina. She works in commerce. She has a well-stocked store, in which she works with the help of her husband. She is a very hard-working person, and through her work she wants to continue advancing.

She is applying for the loan to purchase beverages, soft drinks, dairy products, and other items in order to be able to continue working and advancing.
View original language description ↓
El Comité denomidado Amigas, es de la Ciudad de Caaguazú, actualmente estan en el ciclo 12, es un grupo conformado por señoras humildes muy trabajadoras que luchan dia a dia para sobresalir adelante.
La Presidenta del Grupo es la Sra. Claudelina, ella se dedica al comercio, tiene un almacén bien surtido, en el que trabaja con la ayuda de su marido, ella es una persona muy trabajadora y por medio de su trabajo quiere seguir saliendo adelante.
Solicita el crédito para la compra de bebidas, gaseosas, lácteos y demás insumos para poder seguir trabajando y saliendo adelante.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Amigas Group's $5,925 loan helped a member to buy beverages, soft drinks, milk products, and other items for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013