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8 De Diciembre Group
In this Group: María Luisa, Emilda, Blanca, Guillermina, Ana, Valeria, Hilaria, Blanca, Maida, Sixta, Deasy, Maria, Inocencia
The committee, 8 de Diciembre (December 8), is comprised of 13 women who do diverse activities. Inocencia has a small dairy farm, where she provides milk, makes cheese, bread, etc. She is a person with the desire to move forward and because of that she is making the effort to the maximum to move forward and be able to help her family through that effort. She is requesting this loan in order to invest it in the purchase of tools, furniture to improve the business, and move, in order to be able to continue working and offering a good product to her customers.

In the photo there are more members, given that the group has people who help them, but who are not applying for a loan at this time.
View original language description ↓
El comité de nombre, 8 DE DICIEMBRE son 13 señoras que poseen diversas actividades. También está la Sra. Inocencia que cuenta con un tambo, en donde suministra leche, elabora queso, panes, etc. Ella es una persona con muchos deseos de salir adelante y es por ello que se esfuerza al máximo para salir adelante y poder ayudar a su familia por medio de ese esfuerzo. Ella solicita de este crédito para invertirlo en la compra de herramientas, muebles para mejorar el negocio, y demás, para poder seguir trabajando y ofreciendo un buen producto a sus clientes.
En la foto hay mas miembros, ya que el grupo tiene personas que las ayudan, pero que no estan retirando en este momento ningún crédito.

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
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,209.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $3,350 loan helped a member to buy tools, furniture to improve the business, and more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 12, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013