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29 De Septiembre Group
In this Group: Mirna, Francisca, Nancy, Mirna, Estanislaa, Marta, Isabel, Susana, Ilda, Mirian, María, María, Sara, Francisca, Lidia*
* not pictured
The committee "29 de Septiembre" ["September 29"] is currently in its fourth loan cycle, with fifteen members. They are very self-sacrificing women, with few resources, and therefore they receive very few services and benefits. They are very happy to have found the Paraguaya Foundation, which supports them to develop themselves through training sessions. One of them is Mirna, who has been able to grow significantly thanks to her group. She works raising farmyard animals, and in this way she is getting ahead. She comments that it is full-time work, since she always has to watch out for her animals. She is requesting this loan so that she can invest it in buying balanced animal feed, to continue giving her animals good nutrition.
View original language description ↓
El comité 29 de Setiembre; Actualmente se encuentran en el cuarto ciclo, con quince integrantes, ellas son mujeres muy sacrificadas, de escasos recursos, por lo que reciben muy pocas atenciones y beneficios, están muy contentas de encontrar a la Fundación Paraguaya que las ayuda y las capacita para poder seguir creciendo.
Una de ellas es Mirna, quien ha podido crecer mucho gracias a su grupo, ella se dedica a la cría de animales de corral, y así está saliendo adelante. Comenta que es un trabajo de tiempo completo ya que siempre tiene que estar pendiente de sus animales.
Solicita de este crédito para poder invertirlo en la compra de balanceados para sus animales para seguir dándoles un buen alimento.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,392,000
    Funds lent in using Kiva
  • 4,169.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 29 De Septiembre Group's $3,250 loan helped a member to buy balanced animal feed.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013