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Renacer Group
In this Group: Benicia, Josefa , Gladys , Victorina , Angelina , Maria , Felicita , Antonia , Juana , Balbina , Ramona , Claudelina
The communal bank “Renacer” (Rebirth) is born thanks to the management and the support of a group of women who were working in the city of San Lorenzo. The members of the communal bank established as their main objective the growth of each one of them personally and in terms of their work.

Ramona is part of this hardworking group. She demonstrates a great desire to get ahead and to continue working. She says that she makes a living sewing and that she already has a good clientele and also many orders.

She is requesting the loan to buy fabric, thread, elastic and other supplies in order to be able to continue serving her customers and also to continue growing as a small-businesswoman.
View original language description ↓
El comité Renacer nace gracias la gestión y el apoyo de un grupo de mujeres que se encontraba trabajando en ese lugar.
Este comité es de la Ciudad de San Lorenzo, las integrantes del comité fijaron como objetivo principal el crecimiento de cada una de ellas en lo personal como laboral.
La Sra. Ramona es parte de este trabajador grupo, ella demuestra muchas ganas de salir adelante y de seguir trabajando, cuenta que se dedica a la costura y que ya tiene muy buena clientela y también muchos pedidos.
Solicita el crédito para la compra de telas, hilos, gomas y demás insumos para poder seguir cumpliendo con sus clientes, y también seguir creciendo como microempresaria.

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
  • 89
    View loans »
    Paraguay Loans Fundraising
  • $31,492,275
    Funds lent in using Kiva
  • 4,448.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $2,950 loan helped a member to buy fabric, thread, elastic and other supplies.
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