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Maria Auxiliadora Group
In this Group: Agueda Ramona, María , Blanca , Claudelina , Petrona , Leonarda , Filomena , Nelci , María Carmen, María Tomasa, Casilda , Liz , Eladia , Antoliana , María
The women's communal bank “Maria Auxiliadora” began to work with Fundación Paraguaya in 2010. The communal bank is made up of 15 women from the same area and all are long-standing members within the communal bank. The women are very united, responsible and supportive and they demonstrate that they are eager to work and to get ahead.

Agueda is a member of this hardworking-group and says that all of her efforts are for her family and for growing as a small-businesswoman. She makes a living selling vegetables and eggs. It is thanks to her sales that she can contribute to the expenses of the household and in this way feel useful. Agueda is requesting a loan in order to buy all kinds of vegetables and in this way be able to have a well-stocked business.
View original language description ↓
El Comité de Mujeres “Maria Auxiliadora” Empezó a trabajar con la Fundación Paraguaya desde el 2010, el comité está integrado por 15 mujeres de la misma zona y todas antiguas dentro del comité. Las señoras son muy unidas, responsables y solidarias, manifestaron que tienen muchas ganas de trabajar y salir adelante.
Agueda es miembro de este trabajador grupo y comenta que todo el esfuerzo que hace es por su familia y por ir creciendo como microempresaria. Ella se dedica a la venta de verduras y de huevos y es gracias a sus ventas que puede aportar en los gastos de la casa, y de esa forma sentirse útil. Agueda solicita el crédito para la compra de verduras de todo tipo, y de esa forma poder tener bien surtido su negocio.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,602,050
    Funds lent in using Kiva
  • 4,437.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $2,775 loan helped a member to buy vegetables to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013