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Arroyo Syry Group
In this Group: Luz Maria, Graciela, Clara, Juana, Marta, Mirna, Tomasa, Sara, Ana, Laura, Karina, Odilia, Mercedes, Rossana, Silvina, Mercedes*, Juana*
* not pictured
The communal bank "Arroyo Syry" is located in the city of Paraguarí. This communal bank is comprised of 17 women who decided to get together and form a group so that they could access the assistance offered by the Fundacion Paraguaya. They see this loan as an opportunity for some of them to strengthen their businesses and increase their income, and for others as an opportunity to start up a new business. In this way, the members of this group can improve their family's quality of life.

Silvina says that the group has helped her a lot; her small business is growing thanks to all of the training and loans she has received. She has a business selling milk, and she says that her day begins in the early hours of the morning, because she has to go out to deliver the milk to her customers. Silvina is a very hardworking person who strives to improve herself each day.

Silvina is requesting this loan to invest in the purchase of milk, because she wants to have a good inventory to offer to her customers. She is, once again, grateful for the help that she is receiving.
View original language description ↓
El comité Arroyo Syry se encuentra en la ciudad de Paraguarí, este grupo está conformado por 17 mujeres que deciden unirse para formar su grupo y acceder a la ayuda que la Fundación Paraguaya les ofrece; viendo este crédito por algunas como una oportunidad para fortalecer sus actividades y mejorar sus ingresos, y para otras para emprender un nuevo negocio; de manera a mejorar la calidad de vida de los integrantes de sus familias.
Silvina cuenta que su grupo le ha ayudado mucho, y que de a poco está creciendo gracias a todas las capacitaciones y también a los créditos. Ella se dedica a la venta de leche y cuenta que su día de trabajo empieza desde muy tempranas horas de la mañana ya que tiene que repartir la leche a sus clientes. Ella es una persona muy trabajadora que lucha por ser mejor cada día.
Solicita de esta ayuda para poder invertirlo en la compra de leche, ya que quiere poder tener un buen stock para poder ofrecer a su clientela. Agradece una vez más por la ayuda que esta recibiendo.

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
  • 107
    View loans »
    Paraguay Loans Fundraising
  • $31,568,700
    Funds lent in using Kiva
  • 4,275.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Arroyo Syry Group's $4,300 loan helped a member to buy milk to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013