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Flor Del Pilar Group
In this Group: Nancy, Isidora, Liciana, Lida, Petrona, Carina, Elisa, Maura, Maria, Mercedes
The “Flor de Pilar” committee was formed in 2008 through much effort. It’s currently in its ninth cycle within the program. Aside from their own businesses, the members also develop activities as a group.

Nancy’s story is a very good one. She sells cleaning products, thanks to the loans she got in previous cycles. She says that the loans helped her improve her business, quality of life, and income.

She is asking for a new loan in order to buy cleaning products and other merchandise. In this way she can have a variety of items to offer her customers.
View original language description ↓
El comité Flor de Pilar se conformó en el año 2008 con mucho esfuerzo ya se encuentran en el 9 ciclo, en forma conjunta y solidaria dentro del programa. Además del trabajo independiente de cada una, también desarrollan actividades en forma conjunta.
Una historia muy conmovedora es la de la Sr: Nancy quien se dedica a la venta de productos de limpieza, y mercería esto gracias al créditos que se le otorgaron en los ciclos, nos comenta que mediante los créditos pudo mejorar su actividad y su nivel de vida e ingreso económico.
Solicita de este crédito nuevamente para poder utilizarlo en la compra de productos de limpieza y también de mercería, así tendrá mucha variedad que poder ofrecer a 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

  • $4,555
    Average annual income
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $27,446,625
    Funds lent in using Kiva
  • 4,199.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Del Pilar Group's $2,075 loan helped a member to buy cleaning supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 18, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013