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Damas Trabajadoras Group
In this Group: Sotera, Josefa , Emilce , Sebastiana , Ruth , Miryam , Marcelina , Miriam , Luz , Lidia , Elida , Blanca , Carmen , Maria *
* not pictured
The committee"Damas Trabajadoras" has been an organization for more than three years and works with Fundación Paraguaya; the majority of its members have had success thanks to the help of the foundation and the work of every one of the members. Mrs. Myrian is one of the members of this committee and needs to earn more to be able to settle some household expenses. She sells clothes and cosmetics as a street peddler. She wishes for a better future for her son and it is because of this that she works so hard everyday in order to give him the opportunity to study and achieve a better future. She is asking for a loan to purchase garments and cosmetics she will use to continue working and have products to offer her clients.
View original language description ↓
El comité "Damas Trabajadoras" lleva mas de 3 años de organización y trabajo con la Fundación Paraguaya , la mayoría de sus integrantes pudieron salir adelante gracias a la ayuda de la fundación y al trabajo de cada una de ellas.
La Sra. Myrian es una de las integrantes de éste comité, se unió al comité por la necesidad de tener mas ingresos y así poder solventar los diversos gastos de la casa, ella es vendedora de ropas y cosméticos en forma ambulante. Anhela un futuro mejor para su hijo es por eso que se esfuerza todos los días para darle la oportunidad de estudiar y lograr un futuro mejor.
Ella solicita el crédito para la compra de prendas y cosméticos, con lo cual podrá seguir trabajando y teniendo productos que ofrecer a 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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,441.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Damas Trabajadoras Group's $4,650 loan helped a member purchase garments and cosmetics to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013