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Porvenir Group
In this Group: Hermelinda, Adela, Tomasa, Erotida, Rosa, Obdulia, Cristina, Myrian, Maria, Teofila, Gilda, Librada, Mirtha, Pascuala, Juana
The group Porvenir is in its third cycle of the program of the women's committee. It is from the city of Concepción, which is in the region a bit far from the center zone and is still growing. It is difficult to access, which is why the members of this group want to fight to keep growing and give the area where they live a better atmosphere and they want it to continue growing slowly.

Adela is part of this group. She works selling food of all types. Every day she works starting at very early hours in order to be able to help her family through that work. She is very hard-working and says that her big dream is that her community has better security and better access to communication.

She is requesting this loan in order to purchase vegetables, meat, condiments, and further supplies in order to be able to continue working and having the income to help her family.
View original language description ↓
El grupo llamado Porvenir está en su ciclo número 3 del programa de comité de mujeres, es de la ciudad de Concepción, la cual es una zona un poco alejada de la zona céntrica y aun se encuentra en crecimiento. Es una zona de difícil acceso, por lo que las integrantes de este grupo quieren luchar por ir creciendo y dar a la zona donde viven un mejor ambiente y que vayan creciendo lentamente.
La Sra. Adela es parte de este grupo, ella se dedica a la venta de comestibles de todo tipo, todos los días trabaja desde muy tempranas horas para poder ayudar a su familia por medio de ese trabajo. Ella es muy trabajadora y cuenta que su mayor sueño es que su comunidad tenga mayor seguridad y mejor acceso a la comunicación.
Solicita de este crédito para la compra de verduras, carnes, condimentos, y demás insumos para poder seguir trabajando y teniendo los ingresos para ayudar a su familia.

Additional Information

More information about this loan

This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.

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
  • 134
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,159.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Porvenir Group's $2,825 loan helped a member to buy vegetables, meat, condiments, and further supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 21, 2013
Apr 21, 2013
Currency Exchange Loss:
Aug 17, 2013