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El Progreso Group
In this Group: Anastecia , Mirian , Maria , Blanca , Mirian , Dominga , Zunilda , Silvia , Herminia , Rosa , Amada , Mariela , Emiliana , Sandra , Melina , Emilce
The committee is called “El Progreso” (Progress) and it’s in the sixth cycle with 16 members. They stand out because of their unity and work. They get ahead thanks to their hard work and the help they provide each other.

Anastacia is the president. She’s a very hardworking woman who very much wants to get ahead and help her family by means of her work. She has a well-stocked grocery store and she relates that as time has passed it’s been growing and improving and she wants it to continue to do so.

She’s requesting this loan to buy beverages, vegetables, meat and other basic staples in order to be able to fill customer orders.
View original language description ↓
El comité se Denomina “El Progreso” están en el sexto ciclo y tiene 16 integrantes, ellas se destacan por la unión y por su trabajo, salen adelante gracias a su gran labor y la ayuda que se san las unas a las otras.
Anastacia es la presidenta, ella es una persona muy trabajadora y que tiene muchas ganas de salir adelante y ayudar a su familia por medio de su trabajo. Tiene una despensa bien surtida, y cuenta que con el correr del tiempo ha ido creciendo y mejorando y que quiere seguir haciéndolo.
Solicita este préstamo para la compra bebidas, verduras, carnes, y demás productos de primera necesidad para poder cumplir 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
  • 29
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,454.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of El Progreso Group's $3,550 loan helped a member to buy beverages, vegetables, meat and other products.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013