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Nueva Vida Group
In this Group: Maria Elena, Elisa, Estel, Maria Ester, Catalina, Herminia, Mercedes, Marcelina Ramona, Rumilda, Maria Cinthia, Norma*
* not pictured
The Nueva Vida committee, formed with the initiative of one of its members, is currently in its third cycle, with eleven members. This committee has demonstrated unity and solidarity among its partners, who possess economic activity and are very hard-working.

Catalina, a member of this group, has a store in her house. Thanks to this business, her family has a way to meet their daily needs. Catalina’s goal is to continue working and growing her business.

Catalina is requesting this loan to buy drinks, food, canned goods and bulk products.
View original language description ↓
El comité Nueva Vida, se conformo con la iniciativa de una de las miembros, actualmente se encuentran en el tercer ciclo, con once integrantes. Este comité ha demostrado unión y solidaridad entre las compañeras; quienes poseen actividad económica y son muy trabajadoras.
Catalina, miembro de este grupo tiene una despensa en su casa, y gracias a este negocio su familia está teniendo como solventar su día a día. La meta de Catalina es seguir trabajando y agrandando su negocio.
Solicita de este crédito para la compra de bebida, comestibles, enlatados y productos a granel.

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
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,452.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Vida Group's $2,200 loan helped a member to buy drinks, food, canned goods and bulk products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013