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Las Dinamicas Group
In this Group: Elvira Soledad, Sonia , Nanci , Leonora , Ely , Cynthia , Beatriz , Laura , Igncia , Nidia , Nancy
“Las Dinámicas” (The Dynamic Ones) is a group of 11 women from Encarnación who are starting to work together. They are in their first cycle and they say that they are very happy for the opportunity for progress and promise to keep the group together. One of the members is Ely who sells clothes and wants to help her family this way to have the resources necessary to cover all their needs. She’s asking for this loan to buy clothes so she can start out with a good amount of them.
View original language description ↓
Las dinámicas es el grupo que se formó en la ciudad de Encarnación, son 11 mujeres que están empezando a trabajar juntas. Están en su primer ciclo, y cuentan que están muy contentas por la oportunidad de progreso y prometen mantener unido el grupo.
Una de las integrantes del grupo es la Sra. Ely, quien vende prendas y con esto quiere poder ayudar a su familia y tener los medios que necesitan para que no les falte nada.
Ella solicita de este crédito para poder comprar prendas y así empezar con una buena cantidad de ellas.

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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,469.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Dinamicas Group's $1,375 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013