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Virgen De Fátima Group
In this Group: Noelia Celeste, Irene, Rafaela, Teresa, Maria Lurde, Leticia, Erotia, Raquel, Pastora, Vidalina, Luz, Olga, Marli, Patricia, Gladys
The fifteen women in the group Virgen de Fátima are now in their 16th loan cycle. They show great enthusiasm and put a lot of themselves into the training, since they have a great spirit of progress and striving.

Noella, the president, works for the unity of her group, at the same time that she also sells clothing. She is a person who shows a great spirit of leadership, since she wants to be able to help her friends.

She is applying for this loan to buy clothing, so that in this way she can have a good variety to offer her customers.

All the members are happy to form part of the group, since they learn many things, among them, to value one another.
View original language description ↓
Las quince mujeres del grupo Virgen de Fátima ya están en su ciclo numero 16. Muestran gran entusiasmo y ponen mucho de ellas en las capacitaciones, ya que tienen un gran espíritu de progreso y lucha.
Noelia la presidenta, lucha por la unión de su grupo, a la vez que también hace sus ventas de ropas, es una persona que muestra un gran espíritu de liderazgo, pues quiere poder ayudar a sus amigas.
Solicita de este crédito para la compra de prendas, para que de esa forma pueda tener una buena variedad que ofrecer a sus clientas y clientes.
Todas las miembros están contentas por formar parte del comité, pues aprenden muchas cosas, entre ellas valorarse las unas a las otras.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,397.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fátima Group's $3,750 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013