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Vya Renda Group
In this Group: Adalvina, Blanca, Dionisia, Maria, Melania, Eugenia, Emigdia, Daniela, Nidia, Elisa*
* not pictured
The Vya Renda committee is in Ciudad del Este and is made up of 10 members, all of whom devote all their efforts and hard work to getting by. One of them is Adalvina, who sells clothing and shoes. She says that, with the help of her group, her situation is improving, and the training sessions have helped her tremendously. She also supports her colleagues in their efforts to get by. She is seeking this loan to buy clothing and a range of footwear with which to replenish her stock and offer greater choice to her customers. She is grateful for the opportunity provided to her and is determined to make the most of it.
View original language description ↓
El comité Vya Renda es de Ciudad del Este, tiene 10 integrantes que se esfuerzan y trabajan por salir adelante. Una de ellas es Adalvina quien se dedica a la venta de ropas y zapatos.
Ella cuenta que gracias a su grupo está mejorando, pues las capacitaciones la han ayudado mucho, también ella apoya mucho a sus compañeras para salir adelante.
Solicita de este crédito para la compra de prendas y variedad de calzados, ya que con eso se surtirá y podrá tener un buen stock que poder ofrecer a sus clientes. Ella agradece por la oportunidad que está recibiendo, y dice que la aprovechara.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,182.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Vya Renda Group's $1,775 loan helped a member to buy clothing and footwear to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013