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Teco Porave Rekavo Group
In this Group: Marcelina, Bicenta, Ester, Zunilda, Reinalda, Loida, Alicia, Amelia, Norma, Amancia
The committee known as “Teco Porave Rekavo” is in its first loan cycle. A total of 10 women have joined this committee so that they could work as a team. They commit to investing their loans in productive business activities and helping one another.


Amancia manages a modest food pantry where she offers all types of basic necessities that her neighbors need. With this small business, she is able to get ahead and help her family. She is requesting a loan in order to invest in merchandise for her food pantry so that she can continue having stock to offer to her neighborhood.

View original language description ↓
El Comité Teco Porave Rekavo actualmente está en el primer ciclo, en total son 10 señoras las que integran el comité cada una con ganas de trabajar en equipo. Se comprometieron invertir su crédito en una actividad productiva y ayudarse las unas a las otras.
Amancia tiene una humilde despensa con todos los productos de primera necesidad que necesitan sus vecinos, con su pequeño negocio está saliendo adelante y ayuda a su familia.
Solicita de este préstamo para poder invertirlo en la compra de insumos para su despensa y así seguir abasteciendo a su vecindario.

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
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $27,539,600
    Funds lent in using Kiva
  • 4,169.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Teco Porave Rekavo Group's $1,375 loan helped a member to buy merchandise for her food pantry.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Feb 2, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013