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Virgen De Fatima Group
In this Group: Pelagia, Catalina, Julia, Mirta, Estela, Claudina, Carmen, Silfida, Epifania, Myrian, Lourdes, Shirley, Delia, Vidalina, Anastacia, Elida, Dora, Margarita, Marta, Marta, Sady, Maria, Juana, Rosa*
* not pictured
Description: the women's committee named Virgen de Fatima was formed in 2007. Right now it is made up of 24 women who are working very happily in their 13th cycle together and supportive in the program.

Marta is a part of this group. She is an enthusiastic person who really wants to get ahead. She has worked hard to grow and give her family what has been within her reach. She sells cosmetics and says that she has established a good clientele because she has always had good products and she gives them a good price. Her goal is to keep working and growing.

She is asking for this loan to be able to invest it in buying cosmetics of all types, to be able to offer them to her customers and keep working as she has been doing.
View original language description ↓
Descripción El comité de mujeres de nombre Virgen de Fatima se formo en el año 2007, actualmente está conformado por 24 señoras que se encuentran trabajando muy a gusto en el ciclo 13, en forma conjunta y solidaria dentro del programa.
Marta es parte de este grupo, ella es una persona entusiasta y con muchas ganas de salir adelante, se ha esforzado mucho por crecer y dar a su familia lo que esta a su alcance. Se dedica a la venta de cosméticos, y cuenta que ya se hizo de muy buena clientela, ya que siempre tiene muy buenos productos y les da a buen precio. Su meta es poder seguir trabajando y creciendo.
Solicita de este crédito para poder invertirlo en la compra de cosméticos de toda clase, para poder ofrecerlos a sus clientas y seguir trabajando como lo viene haciendo.

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
  • 68
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    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 $5,950 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013