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Mujeres Trabajadoras Group
In this Group: Olga Deolinda, Carolina , Gladys , Sandra , Delia , Marcelina , Victoria , Graciela , Nancy , Sandra , Myriam , Atanacia , Beatriz , Rumilda , Liz
This is a very active group that always knows how to get ahead. They are in their 16th cycle, have savings, and are always working together to help each other. Olga is the president and says that she always tries to motive her friends in the group, telling them not to get discouraged. They have gone through several loan cycles together and they are getting ahead. She is a dressmaker and is requesting the loan to purchase fabric and thread, which she will use to fill all the orders she has. She is grateful for the help that she is receiving because it is very important.
View original language description ↓
El comité es un grupo muy activo, siempre saben salir adelante, se encuentra en el ciclo 16º , tienen ahorros y siempre trabajan juntas para ayudarse.
La Sra. Olga es la presidenta, y cuenta que siempre trata de motivar a sus amigas del grupo y que no se desanimen, son varios los ciclos que están juntas y están saliendo adelante. Ella es modista y solicita de este crédito para la compra de telas, e hilos, con lo cual hará todos los pedidos que tiene. Agradece por la ayuda que recibe, pues es muy importante.

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
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $28,194,925
    Funds lent in using Kiva
  • 4,448.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Trabajadoras Group's $3,950 loan helped a member to purchase fabric and thread.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 28, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013