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Sol Naciente Group
In this Group: Emilce, Liz, Ldia, Ana, Basilia, Ruth, Juana, Felicita, Nilda, Mariela, Gloria, Evelin, Alice, Altagracia, Eusebia, Nancy
This Committee is in its 18th cycle. We can talk about Basilia, who has a grocery store and works there from early morning daily.

She is a hardworking woman who works hard for her family, given the daily challenges she faces, and wants to provide them with all they need so that the can be happy.

She is asking for this loan to invest in chicken, ham, cheese, eggs, corn, casaba, drinks, and other supplies to be able to have an assortment in her business and be able to continue working.
View original language description ↓
El presente comité se encuentra, en el ciclo 18. Podemos comentar la vida de la señora Basilia, quien tiene una despensa y allí trabaja todos los días desde muy tempranas horas del día.
Ella es una persona muy luchadora, que pese a los contratiempos que surgen día a día lucha por su familia y para poder darles todo lo que necesitan para ser personas de bien.
Solicita de este crédito para poder invertirlo en la compra de pollo, jamón y queso, huevo, choclo, de mandioca y bebidas, y demás insumos para poder tener bien surtido su negocio y seguir trabajando.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $29,527,325
    Funds lent in using Kiva
  • 4,275.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Naciente Group's $3,475 loan helped a member to stock her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 24, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013