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Porvenir Group
In this Group: Benicia, Del Pilar, Fraxedes, Victoria, Maria Ramona, Maria Lelia, Tatiana, Elva, Nidia, Maria, Felipa, Pamela, Antoliana, Maria Nilda, Ramonapatricia, Albina
Benicia is the president of the group called “Porvenir” (Future). This group works in the city of San Lorenzo. Benicia is a hardworking and enterprising individual who is able to move forward because of her business. As a result, she is able to help her family.


Benicia is a seamstress and also sells different items. As president, Benicia always tries to help her friends in the group. She is excited about continuing to work and move forward with the other members. Benicia is requesting a loan so that she can buy fabrics and thread for her sewing workshop.


All of the members are very pleased with the assistance they have received. As a result, their families will also benefit from their efforts.

View original language description ↓
Benicia es la presidenta de este grupo llamado Porvenir, el cual está trabajando en la ciudad del San Lorenzo. Benicia es una persona muy trabajadora y emprendedora, que está saliendo adelante por medio de su trabajo, y de esa forma ayuda a su familia.
Ella se dedica a la costura y también a las ventas varias. Benicia como presidenta trata siempre de poder apoyar a sus amigas del grupo, y asi animarlas a seguir trabajando y salir adelante con el trabajo de cada una. Ella solicita de este crédito para poder comprar telas e hilos para su taller de costura.
Todas las miembros estan muy contentas por la ayuda que estan recibiendo, ya que sus familias también se ven beneficiadas con ellas.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $28,140,525
    Funds lent in using Kiva
  • 4,459.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Porvenir Group's $5,100 loan helped a member to buy fabrics and thread.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013