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Mujeres En Accion Group
In this Group: Elida, Carolina , Zunilda , Ninfa , Mirian , Celia , Karina , Mercedes , Cristina , Lilian , Patricia , Idalia , Mirna *
* not pictured
This group was formed through promotion made in the area, they work with the foundation since 2008, they are going through their 18th cycle. One of the members of the group is Celia who has a commercial stand where she sells all types of clothing in the city of Encarnacion.
Celia requests a loan to buy clothing. She is very thankful because thanks to the help from the foundation and from her group she has been able to grow.
View original language description ↓
Este grupo surgió por promociones realizadas en la zona, trabajan con la fundación desde el año 2008, se encuentran en el 18º ciclo. Una de las integrantes del grupo es la Sra. Celia, ella tiene un local comercial donde vende prendas de todo tipo en la ciudad de Encarnación.
La Sra. Celia solicita el crédito para utilizarlo en la compra de ropas. Ella se encuentra muy agradecida ya que gracias a la ayuda de la fundación y de su grupo está pudiendo crecer.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,476.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Accion Group's $5,400 loan helped a member to buy clothing for sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013