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Las Amigas Group
In this Group: Nora Fatima, Ermelinda , Juana , Deisy , Maria , Sixta , Maria , Mirian , Leonarda , Gladys , Constancia , Mirna , Ines
Thirteen women from the city of Caacupe united with a desire to work together, so that through this work they could give their children and other members of their family everything they want. These women are heads of households, and they saw a great opportunity to make progress with this program in the Fundacion Paraguaya. This is the reason that they decided to unite to get ahead.

Nora is part of this group, and she is also the president. She has a business selling all types of prepared food. She says that her business is going very well, and she has a good customer base. She is requesting a loan to buy supplies that she needs so that she can continue to make her dishes, such as vegetables, meats, condiments, flour, eggs and other products.

This group appreciates the opportunity that they are receiving, because through this program they are getting ahead.
View original language description ↓
13 mujeres de la ciudad de Caacupé se unieron con las ganas de trabajar juntas y por medio de ese trabajo poder dar a sus hijos y demás familiares todo lo que desean. Son mujeres jefas de familia, que vieron una gran oportunidad de progreso en el programa de la fundación paraguaya y es por ello que decidieron unirse y salir adelante.
Nora es parte del grupo y también es la presidenta, ella se dedica a la venta de todo tipo de comestibles y cuenta que le está yendo muy bien y que ya tiene muy buena clientela. Ella solicita el crédito para la compra de insumos que necesita para poder seguir haciendo sus alimentos, como ser verduras, carnes, condimentos, harinas, huevos y demás.
Agradece el grupo por la oportunidad que recibe, ya que por medio del programa salen 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

  • $8,400
    Average annual income
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 4,454.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Amigas Group's $2,600 loan helped a member to buy vegetables, meat, condiments, flour, eggs and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013