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Primero De Diciembre Group
In this Group: Mirtha, Martha Ines, Pablina, Juana, Andrea, Maria Alcira, Blanca Lila, Arminda, Mirtha Del Rosario, Susana, Alba, Daniela, Maura Soledad, Paulina, Edilda, Nancy, Alicia, Gladys, Leidy, Nancy, Cresencia*, Wilma*, Mirian*, Mercedes*, Gladys *
* not pictured
This group was born out of the initiative of some of the members, who wanted to help their friends and neighbors, so they spoke to them about the “Fundación Paraguaya” program for women. 25 ladies got together and now have a hard working group that can meet any challenge.

Gladys is one of the group’s members and has a well-stocked grocery store, where she works from early morning to late evening. Her business helps her to provide everything that her family needs and also covers the day to day expenses. Her goals are to expand her store and be able to serve more customers.

Gladys is asking for this loan to buy the products that she sells most, such as vegetables, milk, bread, meat, and other things to be able to meet her customers’ demands.
View original language description ↓
Este grupo nace gracias a la iniciativa de unas de las miembros, quien queriendo ayudar a sus amigas y vecinas del barrio les contó del programa de mujeres de la fundación paraguaya, y es así que se juntaron 25 mujeres, que hoy en día es un comité muy trabajador, y que esta sabiendo pasar todo lo que se les presenta.
La sra. Gladys, una miembro, tiene una despensa bien surtida, en la que trabaja desde muy tempranas horas de la mañana, hasta muy tarde en la noche. Su negocio la ayuda a dar a su familia todo lo que necesitan, y también cubre los gastos del día a día. Su meta es poder ampliar su despensa para poder tener mejor lugar para atender a sus clientes.
Gladys pide esta ayuda para poder invertirlo en la compra de los productos que mas se venden, como ser: verduras, leche, pan, carne y otros, ya que teniendo esto se asegura la clientela que tiene.

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
  • 64
    View loans »
    Paraguay Loans Fundraising
  • $33,646,450
    Funds lent in using Kiva
  • 4,291.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Primero De Diciembre Group's $5,250 loan helped a member to stock her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 16, 2012
Dec 15, 2012
Currency Exchange Loss:
Apr 17, 2013