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Damas Unidas Group
In this Group: Nimia, Celia , Liz , Mirta , Wilfrida , Veneranda , Norma , Leonida , Olimpia , Bernarda , Cinthia *, María *
* not pictured
The “Damas Unidas” (United Ladies) committee came together thanks to one of the member’s initiative. They are currently in the first cycle with 12 members and they say they will put everything of themselves into being able to grow as a group.

Nimia is group president and she relates that she formed the group with the hope of being able to help her family providing them with a lifestyle free of privations or limitations. She works in sales; she has a well-stocked grocery store. She relates that she’s just starting out but hopes in future that it will be a great business. She’s requesting the loan to buy flour, sugar, tea, soft-drinks, dairy products and other items to stock her store.
View original language description ↓
El comité “Damas Unidas, se conformo con la iniciativa de una de las miembros. Actualmente se encuentran en el primer ciclo, con 12 integrantes, y dicen que pondrán todo de ellas para poder crecer como grupo.
Nimia es la presidenta, y cuenta que formo parte del grupo con la esperanza de poder ayudar a su familia, dándoles un estilo de vida sin privaciones ni limitaciones. Ella se dedica a las ventas, ya que tiene una despensa bien surtida, cuenta que está empezando, pero desea que el día de mañana sea un gran negocio.
Solicita el crédito para la compra de harina, azúcar, yerba, bebidas, lácteos y demás insumos para poder surtir su local.

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
  • $29,502,975
    Funds lent in using Kiva
  • 4,433.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Damas Unidas Group's $1,525 loan helped a member to buy flour, sugar, tea, soft-drinks, dairy products and other supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013