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Renacer Group
In this Group: Maria, Reinalda, Zonia, Marciana, Cesarina, Claudia, Maria, Herminia, Susana, Antonia, Claudina, Cynthia, Andresa, Florentina, Jacinta
This group, called Renacer (Rebirth), is in its 12th cycle. All are hard-working members, and their goal was to grow, not only economically, but in number of people as well. They are women who are heads of their households and day by day try to get buy. They are all active participants in the bi-monthly meetings, and they help one another in order to reach their common objectives. It is an excellent group.

Susana is a member of this group who sells cleaning supplies. She states that sales are increasing and that, thanks to this, she has the means to get by and help her family. She is asking for a loan in order to buy a cleaning micro-franchise, which is being offered by the Paraguayan Foundation, in order to continue making her own cleaning products to sell and continue helping her family.
View original language description ↓
En su ciclo 12 está este grupo llamado Renacer, todas ellas son muy trabajadoras, y se fijaron como meta poder crecer, no solo en lo económico, sino también como personas. Son mujeres jefas de familia que día a día quieren salir adelante. Todas ellas participan activamente en las reuniones quincenales, se ayudan mutuamente para llegar a los objetivos en común que tienen dentro del comité, es un excelente grupo.
Susana, una de ellas, vende productos de limpieza, cuenta que sus ventas están mejorando y gracias a esto esta teniendo los medios para salir adelante y ayudar a su familia.
Solicita de este crédito para la compra de microfranquicia de limpieza, que les ofrece la fundación paraguaya, para que con ello siga haciendo sus productos de limpieza y venderlos para seguir ayudando a su familia.

Additional Information

More information about this loan

This loan is designed for borrowers who want to open up their own microfranchises, with special focus on women and youth. As part of this program, Fundación Paraguaya provides each borrower with a microfranchise kit; business planning support; business, product and sales trainings; promotional materials; and office space to sell their products. Borrowers can open different types of microfranchises depending on their interests and skills. Fundación Paraguaya is one of the few microfinance institutions in the world that offers its borrowers the opportunity to open microfranchises.

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
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 4,039.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $5,225 loan helped a member to buy a cleaning micro-franchise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 25, 2013
Mar 24, 2013
Currency Exchange Loss:
Sep 22, 2013