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7 De Agosto Group
In this Group: Maria Cristina, Fabiola, Victorina, Rufina, Ursulina, Liduvina, Norma, Hilaria, Lorena, Mercedes, Nilda , Gladys , Angela
The "7 de agosto" ["August 7"] committee was formed by several neighboring women in the city of Santaní. They are 13 very hard-working and, above all, entrepreneurial women. They are all rural woman who, despite their scarce resources, want to get ahead and help their families. All the members make their living by raising and selling farm animals such as chickens, goats, cows, and more. This is how they help their families.

Fabiola, one of the members, is applying for a loan in order to buy animal feed as well as various grains.
View original language description ↓
El comité “7 de agosto” se formó con la unión de varias vecinas de la ciudad de Santaní, son 13 mujeres muy trabajadoras y por sobre todo emprendedoras. Todas ellas son mujeres de campo, que pese a su escaso recurso quieren salir adelante y ayudar a sus familias.
Todas las integrantes se dedican a la cría y venta de animales de corral, como ser gallinas, cabras, vacas y demás, y por medio de esto ayudan a sus familias.
Fabiola, una de las miembros, solicita el crédito para poder comprar balanceados para sus animales y también distintos granos.

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
  • 44
    View loans »
    Paraguay Loans Fundraising
  • $29,527,325
    Funds lent in using Kiva
  • 4,464.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 7 De Agosto Group's $2,275 loan helped a member to buy animal feed and grains.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013