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Rosa Mistica Group
In this Group: Mirta Estela, Myrian, Idalia, Tania, Hilda, Jorgelina, Natalia, Liliana Paola, Perlas Ramona, Nidia Teresa, Cintia Alcaraz, Gloria Elizabeth, Santa Aurelia, Paola, Eliodora Soledad, Matilde Aidee, Wilfrida, Patricia Soledad*
* not pictured
The present committee was formed by the initiative of ones of its members, who was in another committee and decided to leave to form her own community and be able to help her friends and neighbors in her neighborhood. The committee is currently in its tenth repayment cycle and they want to continue growing.

Ms. Myrian is 38 years old, married to Mr. Carlos, who is employed, and together they have four children, for whom they work incessantly in order to give them what they need to be able to be successful people in the future. Myrian helps her husband with the household expenses by selling a variety of fruits and she is applying for this loan in order to purchase fruits such as pineapples, watermelons, melons, bananas and more and will be able to have a better selection for her customers.
View original language description ↓
El presente comité se formo por medio de una de las miembros, quien se encontraba en otro comité, y decidió salir para formar uno dentro de su comunidad, y así poder ayudar también a sus amigas y vecinas de barrio. El comité actualmente se encuentra en el décimo tercer ciclo y quieren seguir creciendo.
La Sra Myrian, tiene 38 años esta casada con el Sr Carlos quien es empleado, juntos tienen 4 hijos, por quienes ambos luchan incansablemente para darles todo lo que necesitan y el día de mañana sean personas de bien. Myrian ayuda a su marido con los gastos de la casa, por medio de la venta de frutas de variadas clases, y solicita de este crédito para poder comprar frutas, como ser piñas, sandia, melones, bananas y demás, y así surtirse y tener buena variedad para 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
  • 124
    View loans »
    Paraguay Loans Fundraising
  • $31,646,475
    Funds lent in using Kiva
  • 4,450.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosa Mistica Group's $6,225 loan helped a member purchase pineapples, watermelons, melons, bananas and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013