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Tesa Peara Group
In this Group: Cresencia, Hermenegilda , Norma , Antonia , Nilda , Francisca , Cristina , Mirian , Viviana *, Teresa *
* not pictured
The “Tesa Peara” committee is from the city of San Pedro and has 10 members; all are very hardworking and enterprising and work hard for their families and for their children’s wellbeing. Cristina is one of the members and she sells all types of products since she has a well-stocked general store. She comments that she started out with a small store but gradually thanks to her work it’s been growing. She’s asking for this loan to buy shoes, clothes, kitchen items and other products to continue offering a wide variety to her customers.
View original language description ↓
El comité Tesa Peara es de la ciudad de San Pedro, tiene 10 integrantes, todas muy trabajadoras y emprendedoras, que trabajan arduamente por sus familias y por el bien de sus hijos.
Cristina, una de las miembros se dedica a la venta de todo tipo de productos, ya que tiene una mercería bien surtida. Comenta que empezó con un negocio pequeño, pero que de a poco y gracias a su trabajo ha ido creciendo.
Cristina solicita de este crédito para la compra de calzados, prendas, artículos de bazar y demás productos, y de esa forma poder seguir dando una buena variedad a sus clientes.

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
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $27,485,400
    Funds lent in using Kiva
  • 4,469.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Tesa Peara Group's $1,450 loan helped a member to buy shoes, clothes, kitchen items and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013