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Maria Auxiliadora Group
In this Group: Norma Esther, Nidia , Ana , Fatima , Gladis , Fidencia , Gloria , Virginia , Gricelia , Myrian , Flavia , Corazon , Amalia *, Maria *
* not pictured
María Auxiliadora is a group of fourteen women, striving to help their families, which is why they are now in their fourth cycle. They are hard-working mothers that want to give their children what they could not have themselves.

Norma is the group’s president and she says that her friends are very happy to be part of the committee, and that the training sessions have helped them to learn how to manage in a good way the loans they receive in each cycle.

She says that she has a grocery store at her house, which helps her support her family. She is requesting this loan in order to buy supplies for her store, like yerba [mate], meat, noodles, oil, rice, and coal, among other highly demanded supplies.
View original language description ↓
Maria Auxiliadora es un grupo de 14 mujeres que se esfuerzan por ayudar a sus familias, y gracias a ese esfuerzo ya están en su ciclo numero 4. Son madres, que luchan por sus hijos, ya que desean poder darles todo lo que ellas no pudieron tener.
Norma es la presidenta, y cuenta que sus amigas están muy contentas por formar el comité, ya que les ha ayudado mucho, las capacitaciones que reciben les ayuda a poder administrar bien los créditos que reciben en cada ciclo. Ella dice que tiene una despensa en su casa, y que por medio de este trabajo ayuda a su familia, y solicita este préstamo para la compra de insumos para su despensa, como ser yerba, carne, fideos, aceite, arroz, carbón y demás, ya que son los que mas 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

  • $4,555
    Average annual income
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,450.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $2,450 loan helped a member to buy yerba [mate], meat, noodles, oil, rice, and coal, among other supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013