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Maria Mercedes Group
In this Group: Agustina, Marciana Atilda, Mirta Rosalba , Ramona, Carmen Gloria, Lourdes Rossana, Maria Gricelda, Catalina, Maria Del Carmen, Mercedes, Juliana Mariela*
* not pictured
Maria Mercedes is a group from the city of Curuguaty. The members are working arduously and are in their third cycle. They have shown that one can go far and do whatever one wants by working hard.

Agustina is the group’s president and is a person with a great desire to get ahead and make progress. She motivates her fellow members to continue making an effort to provide their families with everything they can. Agustina says that she sells all types of clothing and gets ahead through this work.

She is asking for a loan to be able to buy different types of clothing so that she can continue giving her customers a good variety.
View original language description ↓
Maria Mercedes es un grupo de la ciudad de Curuguaty, están trabajando arduamente por seguir trabajando y ya están en su tercer ciclo. Demuestran que por medio de su trabajo se puede llegar lejos y poder cumplir con todo lo que se quiere.
Agustina es la presidenta de este grupo, ella es una persona con muchas ganas de salir adelante y progresar, motiva a sus compañeras del grupo a poder seguir luchando para poder dar a sus familias todo lo que pueden. Agustina comenta que se dedica a la venta de ropas de todo tipo, y por medio de este trabajo está saliendo adelante.
Solicita de este crédito para poder comprar prendas de toda variedad para poder seguir dando buena variedad a sus clientes.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,313.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Mercedes Group's $1,675 loan helped a member to buy clothing for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013