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Virgen De Fatima Group
In this Group: Pelagia Antonio, Catalina, Julia, Norma, Mirta, Estela, Claudina, Carmen, Silfida, Epifania, Myrian, Lourdes, Shirley, Delia, Vidalina, Anastacia, Elida, Dora, Margarita, Marta*, Marta*, Sady*, Maria*
* not pictured
The women's committee named Virgen de Fátima was formed in 2007. Right now it is made up of 23 women who are working very happily in their 12th cycle in a supportive manner together in the program.

Catalina is a part of this group. She sells milk in her neighborhood and in nearby areas. She says that with this work she gives her family the best and is growing. She has very good clientele and thanks to that she is getting better. Her dream is to have a great dairy store and grow.

She is asking for this loan to buy milk to add to her stock and be able to keep working and serving her customers.
View original language description ↓
El comité de mujeres de nombre Virgen de Fátima se conformo en el año 2.007 y actualmente está conformado por 23 señoras que se encuentran trabajando muy a gusto en el 12º ciclo, en forma conjunta y solidaria dentro del programa.
Catalina es parte de este grupo, y ella vende leche en su barrio y zonas aledañas, comenta que por medio de su trabajo da lo mejor a su familia y está creciendo. Ella tiene muy buena clientela y es gracias a ello que está mejorando, su sueño es poder tener una gran tienda de leche y de esa forma ir creciendo.
Solicita el crédito para la compra de leche, con lo cual podrá abastecerse y poder seguir trabajando y cumpliendo con 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
  • 125
    View loans »
    Paraguay Loans Fundraising
  • $31,646,475
    Funds lent in using Kiva
  • 4,481.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fatima Group's $4,950 loan helped a member to buy milk to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013