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Nueva Vida Group
In this Group: Elida, Maria , Ruth , Luz , Fafaela , Eufrosina , Maria , Liz , Laura , Juana , Gloria , Elva , Clarissa , Selva , Eli , Lourdes , Olga , Silvia , Juliana , Leonida , Maria *, Ceferiana *, Bernarda *, Adela *, Claudelina *
* not pictured
The “Nueva Vida” (New Life) Committee is currently working its sixteenth cycle and it is composed of 25 members. Every members says that thanks to their group’s help and to the seminars they receive they are succeeding in getting ahead in life and in helping their families.
Elida is the president of the group and she says that she has contacted her friends and neighbors in order to form the Committee. She has 6 children and it is for them she daily sacrifices herself. She sells meals and she is requesting a loan to buy meat, vegetables, dressings and other ingredients to keep on preparing the meals she sells.
View original language description ↓
El comité “Nueva Vida” se encuentra en el Décimo Sexto Ciclo con 25 integrantes. Cada una cuenta que gracias a la ayuda de su grupo y también a las capacitaciones que reciben están saliendo adelante y ayudan a sus Familias.
La Sra. Elida es la presidenta, y cuenta que ella contacto con sus amigas y vecinas para formar el comité. Ella tiene 6 hijos, y es por ellos que día a día se sacrifica. Vende comidas y solicita el crédito para la compra de carnes, verduras, condimentos y demás insumos para poder seguir haciendo las comidas que vende.

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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $32,360,900
    Funds lent in using Kiva
  • 4,437.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Vida Group's $5,875 loan helped a member to buy meat, vegetables and dressings.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 21, 2012
Oct 18, 2012
Currency Exchange Loss:
Feb 15, 2013