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8 De Diciembre Group
In this Group: Gloria, Virginia, Lucia, Sebastiana, Alejandra, Griselda, Maria, Crispina, Mariza, Narcisa, Patricia, Melchora, Martha, Ramona
This group is in its seventh loan cycle, and we can say that this group is very responsible. All of the members have businesses and are making headway thanks to all the effort they have put in as working mothers. Alejandra is a member of the group. She is above all very brave and eager to make progress. She makes a living collecting and buying/selling recyclables. She buys the items and then can sell them for a profit. Thanks to this work she is making headway and giving her family what it needs. She is proud of the work she does, since it is decent and, above all, honest work. She is requesting the loan to purchase plastics, bottles, bags, cardboard and other items to resell so she has a better profit margin and give her family what she can within her means.
View original language description ↓
El presente comité se encuentra, en su 7º.ciclo. Podemos decir que el grupo es muy responsable, todas las integrantes tienen actividades y están saliendo adelante gracias al trabajo que todas hacen, ya que son madres muy trabajadoras.
La Sra. Alejandra es una de las miembros, ella es una persona por sobre todo muy valiente y con ganas de progresar, su trabajo consiste en la recolección y compra – venta de artículos reciclados. Compra y los revende para poder tener mayor ganancia. Gracias a este trabajo esta saliendo adelante y da a su familia lo que necesitan. Esta orgullosa de lo que hace, ya que es un trabajo digno y por sobre todo honesto.
Pide este crédito para poder invertirlo en la compra de plásticos, botellas, bolsas, cartón, etc. Los cuales va a revender y tener un mejor margen de ganancia y así dar a su familia lo que puede dentro de sus posibilidades.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,018.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $4,050 loan helped a member to purchase plastics, bottles, bags, cardboard and other items to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 20, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013