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Mujeres Idoneas Group
In this Group: Maria Dolores, Estela , Rebeca , María , Elisa , Elsa , Alba , Clemencia , Zunilda , Eliodora , Catalina , Regina , Graciela *
* not pictured
This group from the city of Encarnación is in its 15th loan cycle, where all of the members have seen great progress in their livelihoods, and wish to keep working and helping their families.

One of the group members is Rebeca. She sells baked goods in all their varieties, and is also a dressmaker. Rebeca says that she is applying for a loan to purchase ingredients for the baked goods, such as flour, yeast, salt, sugar, lard and other things.
View original language description ↓
Este grupo de la ciudad de Encarnación se encuentra en el ciclo número 15, donde todas ellas han visto un gran progreso en sus laborales y desean seguir trabajando y ayudando a sus familias.
Una de las integrantes del grupo es la Sra. Rebeca, ella se dedica a la venta de panificados en todas sus variedades y también es modista. Cuenta la Sra. Rebeca que solicita crédito para la compra de insumos para los panificados, como ser harina, levadura, sal, azúcar, manteca y demás.

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

  • $8,400
    Average annual income
  • 88
    View loans »
    Paraguay Loans Fundraising
  • $31,392,000
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Idoneas Group's $6,050 loan helped a member to buy flour, yeast, salt, sugar, lard and other ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013