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Damas Unidas Group
In this Group: Luz, Elva, Dorila, Maria, Nancy, Gessica, Dolly, Eustaquia, Ydalia, Marcia, Marta, Nidia, Mariza, Celsa, Vanessa, Veronca
The community bank Damas Unidas was born thanks to the initiative of one of the members of the group. She wanted to help her friends and neighbors and thus invited them to form the community bank.

Eustaquia is a member of this group and runs a well-stocked grocery store out of her home. She is a very hardworking person who is getting ahead through her work and her painstaking efforts. She wants to be able to keep working and growing and also to expand her business.

She is seeking this loan on order to purchase more goods for her store, such as vegetables, meat, hot dogs, noodles, rice and other items. This will enable her to continue to offer a good variety to her customers.
View original language description ↓
El comité Damas Unidas nace gracias al interés de una de las miembros del grupo, quien queriendo ayudar a sus amigas y vecinas las invito a formar un grupo.
La Sra. Eustaquia, es parte de este grupo y se dedica a las ventas, ya que tiene una despensa bien surtida en su casa. Ella es una persona muy trabajadora que con su trabajo y su empeño está saliendo adelante, quiere poder seguir trabajando y creciendo y también agrandando su negocio.
Solicita de este crédito y quiere invertirlo en cargar con mas productos su despensa, con verduras, carnes, panchos, fideos, arroz, etc, con lo que podrá seguir teniendo buena variedad para 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

  • $8,400
    Average annual income
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,538,050
    Funds lent in using Kiva
  • 4,209.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Damas Unidas Group's $2,950 loan helped a member to buy vegetables, meat, hot dogs, noodles, rice and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013