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Corazon De Maria Group
In this Group: María, María, Marlene, Liz, María, Torivia, Ygnacia, Octaviana, Elena, Apolonia, Rufilia*
* not pictured
“Corazón de María” is currently in its second cycle with 11 members. The group started with unity and solidarity among the members who have productive activities and corresponding savings. María is the group president and she relates that the group works hard to get ahead and provide everything possible for their families. On her part, she works in sales. She has a small grocery store well-stocked with all types of products. She’s requesting this loan to buy milk, bread, cheese, vegetables, fruit and other products to stock her store and continue working.
View original language description ↓
“Corazón de María” Actualmente se encuentran en el segundo ciclo, con once integrantes. El grupo empezó, demostrando unión y solidaridad entre las compañeras; quienes ya cuentan con sus actividades productivas y su ahorro correspondiente.
María es la presidenta de este grupo, y cuenta que su grupo trabaja mucho por salir adelante y dar a sus familias todo lo que puedan, ella por su parte se dedica a las ventas, tiene una pequeña despensa bien surtida con todo tipo de productos. Solicita de este crédito para poder comprar leche, pan, queso, verduras, frutas y demás productos para poder surtir 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

  • $8,400
    Average annual income
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 4,209.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazon De Maria Group's $1,950 loan helped a member to buy milk, bread, cheese, vegetables, fruit, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013