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Crsito Rey Group
In this Group: Maria Angelica, Norma, Ramona, Luciana, Calixta, Dora Alicia, Maria Luisa, Edelmira, Ceferiana, Maria Eugenia, Estanislaa, Ruth, Rosario, Luciana, Rossana
The Cristo Rey group is a very active and longstanding committee whose members always work to get ahead, thanks to their work and mutual support. They are in their 17th cycle.

Maria is the group’s president and tells us that her group has already crossed many cycles, but they have more enthusiasm each time and they want to keep working toward their dreams. Maria is a fashion stylist and is asking for this loan to buy fabrics and thread.

Maria says that she has many customers because she always does good work and works toward it because she knows that it’s her greatest asset. She and her friends from the group are happy about continuing to work together.
View original language description ↓
El grupo Cristo Rey es un comité muy activo y antiguo, siempre saben salir adelante, y es gracias al trabajo y al apoyo de las unas con las otras se encuentran en el ciclo 17.
La Sra. Maria es la presidenta de este grupo, y cuenta que su grupo ha pasado ya por muchos ciclos, pero que se encuentran cada vez más, con mayor entusiasmo y quieren poder seguir trabajando y luchando por sus sueños. Maria es modista, y solicita de este crédito para la compra de telas e hilos.
Cuenta Maria que tiene ya muy buena clientela, ya que siempre tiene muy buenos trabajos y se esfuerza por hacerlos, ya que sabe que esa es su mejor publicidad. Ella y sus amigas del grupo están contentas por seguir trabajando juntas.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,313.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Crsito Rey Group's $3,500 loan helped a member to buy fabric and thread.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013