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4 De Mayo Group
In this Group: Felicia, Yenny, Martina, Pastora, Hermelinda, Aurora, Adelaida, Carolina, Asuncion, Maura, Angela*, Dionisia*
* not pictured
The "4 de Mayo" communal bank is on its sixth loan cycle. The group is made up of twelve women, doing different types of work. The group came together as a result of advertising in the area. The women are from the city of Paraguarí.

One woman worth mentioning is Carolina who, through her fruit sales is prospering and helping her family. She is a fighter and would soon like to have a big fruit shop to continue working.

She is applying for this loan to buy fruits so she can go on providing her customers with fresh fruits.
View original language description ↓
El comité 4 de Mayo se encuentra en el sexto ciclo. Está conformado por 12 mujeres con diferentes actividades, este grupo se formó a partir de promociones realizadas en la zona. Ellas son de la ciudad de Paraguarí.
Una persona digna de destacar es la Sra. Carolina, quien por medio de su venta de frutas esta saliendo adelante y ayuda a su familia. Ella es una persona muy luchadora que desea el día de mañana poder tener una gran frutería para poder seguir trabajando.
Solicita de este crédito para la compra de frutas y así seguir dando a sus clientes buenas frutas frescas.

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
  • 55
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 4,169.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 4 De Mayo Group's $2,525 loan helped a member to buy fruits to sell on.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 20, 2012
Feb 1, 2013
Currency Exchange Loss:
Jun 17, 2013