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Renacer Group
In this Group: Mirtha Magdalena, Teresita, Claudia, Liliana, Marilde, Maria Cristina, Cristina, Liza, Ana, Bernarda, Liliana, Sandra
The 'Renacer' (Rebirth) committee is made up of 12 women from the city of San Lorenzo. Each of them is committed to the goal of working together so that they can all make progress, not only financially but also on a personal level.

One of these women is Mirtha. She is not only a member of the group but also the group president. She says that her group decided on its name because it is like a rebirth for all of them as they hope to become new women and succeed in getting ahead in life.

Mirtha's business is selling clothing and she is requesting this loan to buy t-shirts, shirts, pants, jeans, etc. All the members of the group are grateful for the opportunity they are receiving as it will help them to make progress.
View original language description ↓
El comité Renacer nace con la unión de 12 mujeres de la ciudad de San Lorenzo, donde cada una de ellas se fijo la meta de trabajar conjuntamente y así poder crecer, no solo en lo económico, sino también en lo personal.
Una de estas mujeres es la Sra.Mirtha, quien además de ser parte de este grupo es la presidenta, ella comenta que su grupo lleva ese nombre, ya que es un renacer para todas, ya que quieren ser mujeres nuevas para salir adelante.
Mirtha se dedica a la venta de ropas, y solicita este crédito para la compra de remeras, camisas, pantalones, jeans y demás. Todas las miembros estan agradecidas por la oportunidad que estan recibiendo, pues les ayudará a crecer.

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
  • 72
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,275.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $1,550 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013