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Cadena De Mujeres Group
In this Group: Selva Celeste, Norma , Monica , Emilia , Claudia , Elsa , Asunción , Maria , Nelida , Gladys , Maria , Nelida , Nimia , Matilde , Lucia , Aida , Edelina , Teresa *
* not pictured
This committee was formed by two members who gathered their neighbors for the first meeting and so the ladies decided to join the work group to get ahead and in this way their lifestyle. Currently, the committee consists of 18 women. They are working women and humble to earn their living every day.

Selva is a member of the group who makes her living selling clothes and is getting ahead thanks to her work. She is requesting a loan to purchase clothes of all kinds such as t-shirts, shirts, trousers, and more in order to continue her work.
View original language description ↓
Este Comité se formo a través de dos de las miembros, quienes fueron las que reunieron a sus vecinas para la primera reunión y así las señoras decidieron sumarse al trabajo grupal para salir adelante y así mejorar su estilo de vida, actualmente el comité está conformado por conformado por 18 mujeres, ellas son trabajadoras y humildes que deben ganarse el sustento todos los días.
Es parte del grupo la Sra. Selva, quien se dedica a la venta de ropas, y gracias a lo cual está saliendo adelante. Ella solicita el crédito para la compra de prendas de todo tipo, como ser camisas, remeras, pantalones y demás, para poder seguir trabajando.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 4,448.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Cadena De Mujeres Group's $2,975 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013