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Mujeres Luchadoras Group
In this Group: Marilyn, María, Teresa, Juana, Rosalina, Honoria*, Sonia, Rosa, Rosa, María, María, Lidia, Luisa, Angélica*, Tania, Nelly, Cristina*, María
* not pictured
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This committee is made up of 18 hard-working women from the Santa Lucia neighborhood of the city of Caacupé. Most of the women own small general stores, while others own kiosks, sell clothing and chipas (a traditional Paraguayan food similar to bread). The group is currently on their third cycle of Fundacion Paraguaya's Entrepreneurial Women program; each woman currently receives an average of 943,000 guaranís (US$231).


The first committee meetings were held in the home of Mrs. Marilyn C.. 22 interested women showed up to the group's first meeting. Then, in the second group meeting, 18 women agreed to sign up and take on the benefits and the responsibilities inherent in the program. Today, they hold weekly meetings whenever possible. It is difficult to find a regular time when they are all free to meet, since most of them are ambulatory vendors and work very long hours, beginning very early in the morning and finishing very late at night.


Though this committee is one of the newest formed at the Caacupé office, the women are already doing all sorts of extra work in order to make contributions to their group savings account. This account is very important, and will be used if any of the committee members has to pay for emergency hospitalizations or medications, or to help women make their repayments so that they do not fall behind.


Each woman will invest her share of the loan to purchase merchandise or raw materials for the particular products she sells.


Translated by Cynthia McMurry, Kiva volunteer.


El comité está integrado por 18 señoras trabajadoras del barrio Santa Lucia de la ciudad de Caacupé, la mayoría de ellas poseen despensas, otras kioscos, ventas de ropa y ventas de chipa (comida típica del Paraguay).El grupo se encuentra actualmente en el 3er. Ciclo del programa Mujeres Emprededoras, y a la fecha todas manejan una línea de crédito promedio de Gs. 943.000 por cada integrante.


Las primeras reuniones del comité se realizaron en el domicilio de la señora Marilyn C. y en esa primera reunión estuvieron más de 22 personas interesadas, luego, ya en la segunda reunión, quedaron finalmente 18 señoras que aceptaron formar parte y adquirir los beneficios y responsabilidad que este programa ofrece. Hoy día ellas se reúnen en lo posible cada semana, buscando siempre un horario que a todas les quede mejor ya que la mayoría de ellas trabajan como vendedoras ambulantes y les resulta difícil disponer de un horario fijo entre semana ya que ellas empiezan su jornada de trabajo a muy tempranas horas de la mañana y terminan tarde por la noche.


Este comité es uno de los más nuevos que se formaron en la Oficina de Caacupé, ellas ya están realizando todo tipo de actividades extras para recaudar fondos para sus ahorros. Estos ahorros son muy importantes ya que los utilizan en caso de que alguna de las integrantes tenga una necesidad como la compra de medicamentos, internaciones, o también para pagar sus cuotas y no atrasarse con los pagos de sus créditos.


Los préstamos que recibirán ellas desean reinvertirlos en sus distintas actividades para la compra de mercaderías para la venta y materia prima para la elaboración de sus productos comestibles.

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
  • 73
    View loans »
    Paraguay Loans Fundraising
  • $30,772,800
    Funds lent in using Kiva
  • 4,020.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Luchadoras Group's $3,550 loan helped a member purchase of foodstuffs such as starch, vegetable oil, cheese, sugar, yerba mate, milk, cookies, beef, soda, and other drinks, as well as clothing for women, men and children.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 2, 2008
Listed
Jun 11, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008