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Mujeres Trabajando Juntas Group
In this Group: Maria, Jacinta, Marta, Valvina, Daysi, Maria, Ignacia, Basilisa, Sonia, Liz, Sonia, Fatima, Adelaida, Pastora*
* not pictured
The communal bank "Mujeres Trabajando Juntas" (Women Working Together) formed five years ago and works with Fundación Paraguaya. Most of the members are working at the moment. Marta, one of the members, joined the group because she needed work to help her family out. She sells herbal remedies as a street vendor and also collects recyclables such as aluminum, plastic, paper, and iron.

Marta hopes her children have a brighter future, so she works hard every day to give them the chance to go to school and achieve a better life. She is applying for a loan to buy aluminum, plastics, and paper to resell and increase her income.
View original language description ↓
El comité "Mujeres Trabajando Juntas" tiene más de 5 años de formación y trabajo con la Fundación Paraguaya , la mayoría de sus integrantes ya viene realizando una actividad productiva.
La Sra. Marta es una de las integrantes de éste comité , se unió al comité por la necesidad de tener una forma de ayudar a su familia por medio de su trabajo , es vendedora ambulante de remedios naturales y también realiza reciclaje de materiales como ser aluminio , plásticos , papel , hierro , etc. Anhela un futuro mejor para sus hijos es por eso que se esfuerza todos los días para darles la oportunidad de estudiar y lograr un futuro mejor.
Ella solicita de este crédito para la compra de aluminio, plásticos y papel, los cuales revenderá para 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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 3,965.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Trabajando Juntas Group's $4,100 loan helped a member to buy aluminum, plastics, and paper to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013