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Afortunadas Group
In this Group: Liz, Liza, Johana, Carmen, Eugenia, Liz, Erma, Floria, Leopoldina, Ninfa*
* not pictured
The group named Afortunada is from the city of Paraguarí, where they are all friends and neighbors. They came together to accomplish good, not only for themselves but also for their community. Today they are on their second loan and striving to get ahead.

One of the members is Erma. She says that she has a small grocery store within her house where day after day she gets up to work, starting very early in the morning. Erma dreams of eventually having a large business and being able to make the lives of her family more comfortable. She works on their behalf.

She is asking for this loan so she can buy drinks, fruit, vegetables, meat, snacks, and milk, among other things. These are the things that she sells the most and she wants to stock up well for her customers.
View original language description ↓
El grupo llamado Afortunada es de la ciudad de Paraguarí, donde todas son amigas y vecinas de barrio, que se unieron para procurar un bien, no solo para ellas sino también para su comunidad. Hoy ya están en su ciclo dos, luchando por salir adelante.
Una de las integrantes es la Sra. Erma cuenta que tiene una pequeña despensa en su casa, donde día a día se levanta a trabajar desde muy tempranas horas. Erma sueña con tener el día de mañana un gran negocio y poder dar una mayor comodidad a su familia, ya que por ellos lucha.
Solicita de este crédito para poder invertirlo en la compra de bebidas, frutas, verduras, carne, embutidos, leche y demás, ya que son los que mas salida y venta tienen y quiere poder surtirse bien para sus clientes.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $29,518,125
    Funds lent in using Kiva
  • 4,005.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Afortunadas Group's $1,775 loan helped a member buy drinks, fruit, vegetables, meat, snacks, milk, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 30, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013