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Maria Auxiliadora Group
In this Group: Blanca, Lidia, Luz, Bernarda, Dominga, Sulma, Isabel, Isidora, Patricia, Zunilda, Mabel, Baldomera
The “Maria Auxiliadora” Communal Bank is in its first loan cycle. All of the members have set a goal for the growth of each person in the group, not only financially, but also personally. All of them are known in the neighborhood for their union and the effort that they demonstrate. Luz is a member of this group. She joined with the goal of being able to grow and help her family. She is a very enterprising woman who is sells jewelry to try to help her family and get them ahead. Luz says that thanks to her good sales ability, her business is going well. She is requesting this loan to purchase all types and kinds of silver jewelry that will enable her to continue impressing her customers with a good variety.
View original language description ↓
El grupo llamado Maria Auxiliadora está en su ciclo número uno donde todas se fijaron como meta el crecimiento de cada una, no solo en lo económico, sino también en lo personal. Todas son conocidas en el barrio por la unión y el esfuerzo qu demuestran.
Luz es parte de este grupo, ella se unió con el objetivo de poder crecer y ayudar a su familia. Ella es una mujer muy emprendedora, que por medio de la venta de joyas que hace está tratando de salir adelante y ayudar a su familia. Luz cuenta que gracias a que tiene buena habilidad para las ventas le esta yendo bien.
Solicita de este crédito para la compra de joyas de plata de todo tipo y clase, con lo que podrá seguir impresionando a su clientela con una buena variedad.

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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,005.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $1,700 loan helped a member to purchase jewelry to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013