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Maria Auxiliadora Group
In this Group: Myriam, María, Sabina, Sinthia, Marta, María, Miryan, Amelia, Myrian, Karen, Johana, María, María, Yolanda, Carolina
The Maria Auxiliadora groupis in its fifth program cycle. It has 15 members, and is located in the Asuncion zone. All of the members carry on their own businesses and also work together as a group.

Myriam is the president of this group, and comments that thanks to the assistance they receive they are improving their businesses. She helps her friends in all she can so that they can continue working. Myriam works selling handbags, and with this helps her family. She makes good sales and always has plenty of orders. Thanks to her ability as a saleswoman it is going very well for her.

She is asking for a loan to buy various types and brands of handbags and in this way to continue to have the means to help her family.
View original language description ↓
El comité “MARÍA AUXILIADORA” se encuentra en el quinto ciclo del programa con 15 integrantes, de la zona de Asunción; todas las integrantes ya realizan actividades productivas y también trabajan juntas como grupo.
Myriam es la presidenta de este grupo y comenta que gracias a las capacitaciones que reciben están mejorando sus negocios. Ella ayuda a sus amigas en todo lo que puede para que puedan seguir trabajando. Myriam se dedica a la venta de bolsos de mujer, y con esto ayuda a su familia, tiene muy buena venta y siempre está llena de pedidos, gracias a su habilidad como vendedora le está yendo muy bien.
Solicita de este crédito para poder invertirlo en la compra de bolsos de distintos tipos y marcas y de esa forma seguir teniendo los medios para ayudar a su familia.

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
  • 4,182.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $2,900 loan helped a member to buy women's handbags for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013