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Ñepytyvo Group
In this Group: Alba, Veronica, Sandra, Maria, Mirian, Nancy, Fulgencia, Mariana, Marta, Laura, Maria, Hermelinda, Teresa, Angelina
The present communal bank is on their 8th loan cycle. We can highlight the group's sense of ownership and responsibility which are reflected in their payments. All of the ladies are of scarce resources but this doesn't stop them from fulfilling their responsibilities. They all work to keep their families ahead and give them all they need for a dignified life.
Alba, the president, makes a living sewing; she has a little shop where she does all types of work that allow her to help her family. She is a hardworking and entrepreneurial person that with a lot of sacrifice and effort is getting ahead and improving everyday in all she does. Alba wants to keep growing, that is why she is requesting this loan to invest in the purchase of fabric, thread, elastics and more. She will use these materials in the confection of her work and thus fulfill her customers' needs.
View original language description ↓
El presente comité se encuentra, en su 8vo ciclo. Podemos resaltar el sentido de pertenencia, responsabilidad del grupo que se ve reflejada en sus pagos. Todas las señoras son de escasos recursos pero no le impide a cumplir con sus responsabilidades. Trabajan todas por sacar adelante a su familia y darles todo lo que necesita para una vida digna.
Alba, la presidenta, se dedica a la costura, tiene un pequeño tallercito donde hace todo tipo de trabajos y con lo cual puede ayudar a su familia. Ella es una persona muy trabajadora y emprendedora, que con mucho sacrificio y esfuerzo está saliendo adelante y día a día va mejorando en todo lo que hace.
Alba quiere seguir creciendo y es por eso que solicita de este crédito, para poder invertirlo en la compra de telas, hilos, gomas y demás, para poder usarlos en las confecciones que realiza y cumplir así con sus clientes.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,273.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ñepytyvo Group's $4,300 loan helped a member to purchase fabric, thread, elastics and more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013