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Mujeres Unidas Al Progreso Group
In this Group: Marta, Limpia, Silvana, Esther, Maria, Lucia, Maria, Constancia, Adelaida, Victoria, Concepcion, Pablina, Estela, Lucila, Noemi, Sonia, Lida*, Florinda*
* not pictured
The 'Mujeres Unidas al Progreso' group are in their 21st loan cycle. They have been working with Fundación Paraguaya for a long time. According to the Poverty Elimination Survey, two of the ladies currently find themselves below the poverty line and they are working hard to get ahead in life with the help of the training sessions they attend.

Maria is a member of this group. When Maria last completed the survey, she was on level one of the poverty scale which means that she is below the poverty line. She is a very hard-working person who works hard day in day out for the sake of her family so that she can give them everything she was not able to have herself. She hopes that by selling clothing she will be able to make progress in life. Maria comments that she has a very good customer base and her business is making her the income she needs to help her family. She is requesting this loan to invest in buying clothing as she would like to have a good range of garments to sell to her customers. She will invest in her business and continue working as she has been up to now.
View original language description ↓
El grupo llamado Mujeres unidas al progreso está en su Vigésimo primer ciclo (21º) es un grupo muy antiguo que trabaja con la fundación. Están haciendo la encuesta de eliminación de pobreza, donde dos de las señoras se encuentran por debajo de la línea de pobreza, y ellas se están esforzando por salir adelante con la ayuda de las capacitaciones.
Una de las integrantes es la Sra. Maria, quien en su última encuesta mostró un nivel de pobreza dentro del nivel uno, lo que muestra que esta por debajo de la línea de la pobreza. Ella es una persona muy trabajadora que lucha día a día por su familia, para darles lo que ella no tuvo, y con la venta de ropa que hace quiere salir adelante. Comenta que ya tiene muy buena clientela y que con esto esa teniendo los medios para ayudar a su familia.
Solicita de este crédito para poder invertirlo en la compra de prendas, ya que quiere poder tener una buena variedad que poder ofrecer a sus clientes y de esa forma invertir en su trabajo y seguir luchando 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
  • 15
    View loans »
    Paraguay Loans Fundraising
  • $29,341,475
    Funds lent in using Kiva
  • 3,921.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Al Progreso Group's $4,875 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013