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Paraiso Poty Group
In this Group: Hipolita, Marcelina, Eulalia, Julia Elba, Maria Mariana, Idalba, Juana, Laura, Maria Miguela, Vicenta*, Celina*
* not pictured
The communal bank "Paraiso Poty" is in its fourth loan cycle. All of the members are hardworking and united. They got together because they wanted to help themselves through their group work, and this is how they are making progress.

All of the members of this group raise and sell barnyard animals. They comment that through their efforts, they are able to help their families and give them everything they need to have a decent life.

They are requesting a loan to buy nutritionally balanced animal feed for their animals, because this is something that is essential to their businesses.
View original language description ↓
El comité “PARAISO POTY “está en el cuarto ciclo, todas sus integrantes son muy trabajadoras y unidas. Ellas se unieron con la esperanza de ayudarse por medio del trabajo grupal, y es con esto que están saliendo adelante.
Todas las integrantes de este grupo se dedican a la cría y venta de animales de corral. Comentan que por medio del esfuerzo que hacen, pueden ayudar a sus familias y darles todo lo que necesitan para una vida digna.
Solicitan el crédito para la compra de balanceados para sus animales, el cual es indispensable para ellas.

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
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $28,673,100
    Funds lent in using Kiva
  • 4,291.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Paraiso Poty Group's $2,050 loan helped a member to buy animal feed.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 16, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013