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Manzanita Group
In this Group: Mirian, Mercedes, Elida, Nilda, Narcisa, Marina, Rosa, Blanca, Isolina, Marizza
The committee named “Manzanita” is known for its unity and the desire of its members to make progress as a group. They work together so that they can help one another.


One of its members, Sra. Marina, is a homemaker. However, she wants to start a new business of selling cosmetics. Marina is a person who has the desire to grow and help her family.


She is requesting a loan so that she can buy cosmetics in order to start her business. Marina is very grateful for the opportunity she has received since it will allow her to generate more income to help her family. Therefore, she feels the loan will be useful.

View original language description ↓
l comite Manzanita se destaca por la unidad y el deseo de progresar como grupo, ellas trabajan unidas y se ayudan las unas a las otras. Una miembro es la Sra. Marina quien es una Ama de Casa, pero quiere empezar un nuevo trabajo, que es la venta de cosméticos, es una persona con muchas ganas de crecer y ayudar a su familia.
Solicita de este crédito para poder comprar cosméticos y así empezar su emprendimiento.
Este muy agradecida por la oportunidad que está recibiendo, ya que podrá generar mayores ingresos para poder ayudar a su familia, y así sentirse útil.

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
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $28,922,650
    Funds lent in using Kiva
  • 4,182.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Manzanita Group's $1,350 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013