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Renacer Group
In this Group: Isabel, Florentina, Francisca, Leoncia, Gilda, Edith, Julia, Bernardita, Luisa, Liz, Alba, Gloria, Ruth, Fermina*, Emilce*, Juana*
* not pictured
The group called Renacer is in its 14th cycle and all of them demonstrate that they want to work and get ahead. They are 16 very hardworking women who saw a great opportunity for them and their families in Fundación’s program.

Isabel is the president of the committee. For many years she has had a small cafe located in a little school, selling short-order food to the students, sweets, ice cream, and sodas among others and it is thanks to her business that she has the means to help her family. She is very hardworking and has many yearnings to grow and get ahead.

She is asking for this loan to buy sweets, dairy products, and supplies to make her fast food and more. She is thankful for the opportunity that she is receiving as it helps not only her, but also her family, who depend on her.
View original language description ↓
El grupo llamado Renacer está en su ciclo 14, y todas ellas demuestran que quieren trabajar y salir adelante, son 16 mujeres muy trabajadoras, que vieron una gran oportunidad para ella y sus familias en el programa de la fundación.
La Sra. Isabel es la presidenta del comité, ella hace muchos años tiene una cantina ubicada dentro de una escuelita, allí ofrece a los alumnos minutas, golosinas, helados, gaseosas entre otros, y es gracias a su negocio que tiene los medios para poder ayudar a su familia. Ella es muy trabajadora y tiene muchas ansias de crecer y salir adelante.
Ella solicita de este crédito para la compra de golosinas, lácteos, insumos para hacer sus minutas y demás. Agradece por la oportunidad que está recibiendo, ya que le ayuda no solo a ella, sino también a su familia, quienes dependen de ella.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,007.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $4,950 loan helped a member to buy sweets, dairy products, and supplies to make her fast food and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013