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Virgencita De Caacupe Group
In this Group: Myrian Ines, Ana , Graciela , Ramona , Laura , Sonia , Raquela , Liz , Mirian , Norma , Mirta , Rossana , Emilia , Lorena
The group Virgencita de Caacupé is from Chaco. Thanks to the hard work of all of its members, this group is in its third loan cycle. These are women who, despite of their poverty, struggle to get ahead, leaving all of their difficulties behind them. Myrian, one of the Virgencita de Caacupé members, makes a living selling notions (trinkets, sewing materials, fabrics and supplies) as well as soft drinks. Myrian is a very hardworking woman, as you can see, and thanks to her labors has been able to help her family get ahead. Myrian is requesting this loan to buy soft drinks to stock her store, and in this way, offer a wide variety of goods to her customers.
View original language description ↓
El Comite Virgencita de Caacupé es del Chaco, está saliendo adelante y gracias al esfuerzo de todas ellas ya están en su tercer ciclo. Son mujeres que pese a su pobreza luchan por salir adelante y dejar todo lo malo atrás.
Myrian, una de las integrantes se dedica a la venta de artículos de mercería y también vende bebidas. Ella es una persona muy trabajadora como se puede ver, y es gracias a estos trabajos que hace, que esta pudiendo salir adelante y ayudar a su familia.
Myrian solicita el crédito para la compra de bebidas en general, para poder tener un buen stock de ese producto y de esa forma poder dar buena variedad 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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $28,281,050
    Funds lent in using Kiva
  • 4,432.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgencita De Caacupe Group's $2,300 loan helped a member to buy drinks to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 20, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013