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Unidas Por El Progreso Group
In this Group: Irma, Angélica, Antonia, Teresa, Zunilda, María Ana, Damiana, Amada, Rosa, Victoria, Mirtha*, Silvina*
* not pictured
Irma is the president of the 'Unidas por el progreso' group. She says that her group is doing well thanks to the work that they all do. They are all really keen and have a desire to do well and help their families. Irma has a well-stocked store where she sells all kinds of products. She says that she started out with a small business but, thanks to all her hard work, the business is growing and continues to improve.

Irma is requesting this loan to buy some supplies for her business such as drinks and food products. This will allow her to continue providing her customers with a good variety of products.
View original language description ↓
La Sra. Irma es la presidenta del grupo Unidas por el progreso, comenta que su grupo está saliendo adelante gracias al trabajo que todas ellas hacen, ya que tienen un gran entusiasmo y ganas de salir adelante y ayudar a sus familias.
Irma tiene una despensa bien surtida con todo tipo de productos, y cuenta que empezó con un pequeño negocio, pero que gracias a su trabajo esta creciendo y cada vez va mejorando mas. Solicita de este crédito para poder comprar algunos insumos para su negocio, como ser bebidas y comestibles, y así seguir dando 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

  • $8,400
    Average annual income
  • 135
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,452.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidas Por El Progreso Group's $2,125 loan helped a member to buy drinks and food products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Oct 23, 2012
Nov 17, 2012
Currency Exchange Loss:
May 17, 2013