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Mburucuya Group
In this Group: Ada Gladys, Liz Raquel, Luz Rocio, Marisa, Lorenza, Fidelina, Carmen, Eulalia, Maria Gloria, Nilsa, Liz Rosana, Diana, Bernardina, Alicia
The “Mburucuya” group is made up of 14 women who are very united, work, and help one-another. These ladies are from the city of Villarrica and all of them are friends and neighbors. Them get together to encourage one another and discuss anything that comes up.

They are very motivated to continue participating in this microlending program and their family income has increased significantly. Carmen is one of these women. She is a hair stylist and says that she always provides good service to her customers so that they will return.

She is asking for this loan in order to buy tints, hairspray, scissors, and other supplies so that she will have everything she needs to provide good service. She is grateful for the help she has gotten and it will be very useful.
View original language description ↓
El grupo “Mburucuya” es un comité de 14 mujeres que están muy bien consolidadas, trabajan y se ayudan mutuamente. Estas señoras son de la ciudad de Villarrica, y todas son vecinas y amigas. Se reúnen brindarse apoyo y a comentar cualquier situación que surja en el grupo.
Estas señoras están muy animadas de seguir participando en este programa de microcredito, pues han mejorado bastante sus ingresos en sus familias. Una de estas mujeres es la Sra. Carmen, quien es peluquera, y comenta que siempre da un buen servicio a su clientela, y que por ello siempre vuelven.
Solicita de este crédito para la compra de tintes, spray, juego de tijeras y demás insumos para tener todo lo que le hace falta para dar un buen servicio. Agradece por la ayuda que tiene, pues le será de mucha utilidad.

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
  • 70
    View loans »
    Paraguay Loans Fundraising
  • $28,785,675
    Funds lent in using Kiva
  • 4,329.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mburucuya Group's $3,475 loan helped a member to buy supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013