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Damas Unidas Group
In this Group: Nimia, Celia, Mirta, Veneranda, Leonida, Olimpia, Bernarda, Cinthia, Teresa, Gabriela, Isabel, Natividad, Julia, Flora*
* not pictured
"Damas Unidas' (Women United) is a group from the city of Curuguaty. It consists of 14 women. They all work and they help each other to advance. They are from a city quite remote from the central region, where they don't have much access to the means of communication, and together one of their goals is to be able to continue improving their neighborhood with the help of everyone.

Celia, who is a person who works hard for her family, is a great example of their work, since she makes soap of every type. She is very good in what she does, and she comments that she makes orders for many places, and with this she helps to support her family. She is applying for this loan to purchase glycerin, coloring, and other supplies to be able to continue making the soaps that she sells, since through this effort she is helping her family. She dreams of her neighborhood continuing to improve and grow.
View original language description ↓
Damas unidas es el grupo integrado por 14 mujeres de la ciudad de Curuguaty, donde todas ellas trabajan y se ayudan para salir adelante. Son de una ciudad bastante alejada de la zona céntrica, donde no tienen mucho acceso a las vías de comunicación, y juntamente uno de los objetivos de ellas es poder ir mejorando su barrio con la ayuda de todas.
Celia, quien es una persona que trabaja arduamente por su familia, es un gran ejemplo de trabajo, ya que ella se dedica a la elaboración de jabones de todo tipo. Ella es muy buena en lo que hace y comenta que hace pedidos para muchos lugares, y con ello ayuda a mantener a su familia.
Solicita de este crédito para la compra de glicerinas, colorantes y demás para poder seguir haciendo los jabones que vende, ya que por medio de este esfuerzo está ayudando a su familia. Sueña ella con que su barrio vaya mejorando y creciendo.

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

  • $4,555
    Average annual income
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $27,433,875
    Funds lent in using Kiva
  • 4,159.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Damas Unidas Group's $2,975 loan helped a member to buy glycerin, coloring, and other supplies to make soap.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013