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Virgen De Fatima Group
In this Group: María, Lourdes, Viviana, Irene, Petrona, Wilma, Ermelinda, Elisa, Felipa*, Francisca*
* not pictured
The Virgen de Fátima committee is in its first loan cycle and is composed of 10 women from the city of Santaní. The group is very united and capable of developing activities that support the members’ household economy.

Irene raises and sells animals. She is requesting a loan to invest in animals, such as chickens, ducks, etc. Irene says that thanks to this work, she can improve her home economy and grow as a small business owner. Her dream is to have a large number of animals and be able to earn a better income.
View original language description ↓
El comité Virgen de Fátima se encuentra en el 1º ciclo y esta integrado por 10 señoras de la ciudad de Santaní. Este comité es un grupo muy unido y capaz de desarrollar actividades que fortalezcan la economía de sus viviendas y del grupo.
La señora Irene se dedica a la cría y venta de animales, el crédito que solicita lo quiere invertir en la compra de animales, como ser gallinas, patos, etc. Irene dice que gracias a su trabajo puede ir mejorando su economía e ir creciendo como microempresaria. Su sueño es poder tener mucha cantidad de animales y así poder tener mayores ganancias.

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
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 3,939.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fatima Group's $1,450 loan helped a member purchase farmyard animals to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013