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Las Orquideas Group
In this Group: Angelica, Mirna , Juana , Maria Magdalena , Gladys , Justa , Maria, Edista , Blanca , Maria Estela, Celsa , Myrian , Emilia , Myrian , Graciela , Mariza
The “Las Orquídeas” (Orchids) committee is in the 9th cycle in the Enterprising Women program and are getting ahead thanks to the effort each one makes. One of these women is Angélica. She’s group president and comments that she always tries to motivate her girlfriends to continue working and growing every day. She has a general store where she sells all types of products and thanks to this business is able to help her family. Her goal is to continue growing and aiming at continue doing so is requesting this loan she wants to use to buy clothes, shoes and others to have a well-stocked store.
View original language description ↓
El comité “LAS ORQUIDEAS” se encuentra en el noveno ciclo del programa de Mujeres Emprendedoras y están saliendo adelante gracias al esfuerzo que cada una pone. Una de estas mujeres es Angelica.
Angelica es la presidenta de este grupo, y comenta que siempre trata de motivar a sus amigas a seguir trabajando y cada día ir creciendo. Ella tiene una mercería donde vende todo tipo de productos, y es gracias a este negocio que ayuda a su familia.
Su meta es seguir creciendo, y en miras a seguir haciéndolo es que solicita este crédito, ya que quiere comprar prendas, calzados, y demás. para poder tener bien surtido su negocio.

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
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 4,469.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Orquideas Group's $3,175 loan helped a member to buy clothes and shoes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013