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Virgen De Fátima Group
In this Group: Blanca Isabel, Castorina, María, María, Teresa, Felipa, Isabel, Eulalia, María, Sonia, Liberata, Serafina*
* not pictured
This group of women, Virgin of Fatima, has 12 members, are in the fifth cycle of the program, and are working arduously to keep growing. One of the stories is that of Liberata. She is 56 years old and makes a living selling groceries. No matter the weather conditions, she goes out into her neighborhood to sell the products she prepares herself. Liberata defines herself as a very hard worker who wishes to come out ahead. She is seekings this loan to purchase the items so she can prepare her products like meat, ham, cheese, eggs, flour, and more.
View original language description ↓
Este grupo de Mujeres, Virgen de Fátima, actualmente tiene 12 integrantes y se encuentran en el 5to. ciclo del programa y están trabajando arduamente por seguir creciendo.
Una de las historias es de la señora Liberata de 56 años de edad quien se dedica a la venta de comestibles, sin importar las condiciones del clima ella sale todas las tardes a recorrer su barrio con sus comestibles que ella misma prepara. Liberata se define como una persona muy trabajadora que desea seguir creciendo.
Solicita el préstamo para la compra de insumos para hacer sus comestibles, como ser carne, jamón, queso, huevo, harina y demás.

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
  • 84
    View loans »
    Paraguay Loans Fundraising
  • $30,772,750
    Funds lent in using Kiva
  • 4,459.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fátima Group's $1,275 loan helped a member to purchase meat, ham, cheese, eggs, flour, and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013