Check out some available loans that are similar to this one!
Mujeres Activas Group
In this Group: Lilian, Migdonia, Nubia, Ramona, Marina, Patricia, Blasida, Estelvina, Maria, Leticia, Lilian, Liza, Alba, Maria
The communal bank Mujeres Activas (Energetic Women) is in its second loan cycle with the women's committee program. The members live in Ciudad del Este, a town in Minga Guazu, a growing area just outside the center. The area is hard to get to and growing slowly, which is one reason these women are striving to expand their businesses and provide a better environment for their community.

Ramona, one of the members, has a small stand where she sells empanadas. She hopes that, over time and with the help of other locals, she can improve her surroundings, make her family safer, and foresee a brighter future. She is applying for a loan to buy ingredients to make empanadas such as meat and vegetables so that she can keep working and helping her family.
View original language description ↓
El grupo llamado Mujeres Activas está en su ciclo número 2 del programa de comité de mujeres, son de Ciudad del Este, de un pueblo Minga Guazu, el cual es una zona un poco alejada de la zona céntrica y aun se encuentra en crecimiento. Es una zona de difícil acceso, por lo que las integrantes de este grupo quieren luchar por ir creciendo y dar a la zona donde viven un mejor ambiente y que vayan creciendo lentamente.
La Sra. Ramona es una de las integrantes, tiene su pequeño negocio de puesto de ventas de empanadas Desea que conforme pase el tiempo, y por medio de la ayuda de todas las personas de su zona puedan ir mejorando su entorno y así ofrecer una mayor seguridad a sus familias, también poder procurar para ellos un mejor futuro.
Solicita de este crédito para la compra de insumos para sus empanadas, como ser carne, verduras y demás para que de esa forma pueda seguir trabajando y ayudando a su familia por medio de su trabajo

Additional Information

More information about this loan

This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.

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
  • 127
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,114.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Activas Group's $2,350 loan helped a member to buy meat, vegetables, and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013