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Virgen Del Pilar Group
In this Group: Blanca, Teresita, Epifania, Mirian, Nicolasa, Martina, Miguela, Virginia, Cristina, Digna, Carmen, Catalina, Nancy, Maria, Ana*
* not pictured
The committee Virgin de Pilar finds itself in its sixth cycle with 15 members who are hardworking women that are doing their best to progress. Teresita, who manages her home expenses with effort, works as a domestic servant and her secondary work is the sale of milk to generate her own income. She works arduously and in this way she moves ahead.

She is asking for this loan for the purchase of milk so that she can continue working and gaining the necessary things to be able to help her family.
View original language description ↓
El comité Virgen del Pilar se encuentra en el 6º ciclo con 15 integrantes, son señoras trabajadoras que se esmeran en progresar.
La Sra. Teresita que con esfuerzo para sostener los gastos del hogar trabaja como empleada doméstica y su actividad secundaria en la venta de leche con la intención de generar sus propios ingresos trabaja arduamente y así sale adelante.
Solicita de este crédito para la compra de leche, para poder seguir trabajando y ganando lo que necesita para poder 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

  • $8,400
    Average annual income
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,199.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Pilar Group's $2,200 loan helped a member to buy milk for sales.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013