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Las Perlas Group
In this Group: Acela, Basilia , Perla , Teodora , Elena , Emilia , Mirtha , Alba , Paulina , Alba , Maria, Graciela , Nancy , Silfide , Elodia , Estanilaa , Maria
“Las Perlas" (The Pearls) is the name of this group that consists of 17 women from the city of Itá. Thanks to the work all of them have accomplished, they have now reached their 16th loan cycle.


One of these women is Sra. Acela, who also serves as the group president. She sells clothing and shoes. Acela says that she struggled to get ahead at first, but she later established herself and now has a good clientele. She is requesting a loan in order to buy shoes and clothing to sell.

View original language description ↓
Las Perlas se denomina llama el grupo que está integrado por 17 mujeres de la ciudad de Itá. Gracias al trabajo que todas hacen, ya están en su ciclo numero 16. Una de estas mujeres es la Sra. Acela, quien también es la presidenta del grupo, ella se dedica a la venta de prendas y de calzados.
Comenta que al principio le costó salir adelante, pero que después fue afianzándose y hoy en día ya tiene una buena clientela.
Solicita el crédito para la compra de calzados y prendas para la venta.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,453,750
    Funds lent in using Kiva
  • 4,448.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Perlas Group's $5,575 loan helped a member to buy shoes and clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 28, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013