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12 De Junio Group
In this Group: Emilce, Ruth, Julia, Petrona, Veronica, Maria, Francisca, Maria, Delia, Julia, Natalia, Gloria, Gloria, Nilsa, Magdalena, Elizabeth, Rocio*
* not pictured
The 17 members of this group are women of limited resources. They want to improve their lives and those of their families through their work. The members are female heads of household who have decided to take control of the reins and work in order to get ahead.


Elizabeth works by selling cleaning products provided by Fundación Paraguaya through a microfranchise. She has a good clientele and always receives many orders. Elizabeth is a hardworking individual who strives on behalf of her family so that she can provide everything they need.


She is requesting a loan so that she can buy a cleaning products microfranchise. This will allow her to continue her sales and provide her customers with what they request.

View original language description ↓
Las 17 integrantes de este grupo son mujeres de escasos recursos que quieren mejorar sus vidas y las de sus familias por medio de su trabajo. Son mujeres jefas de familia que deciden tomar las riendas en sus manos y trabajar para salir adelante.
Elizabeth trabaja en la venta de productos de limpieza que les provee la fundación paraguaya por medio de microfranquicias. Ella tiene muy buena clientela que siempre le hace muchos pedidos. Es una persona muy trabajadora que lucha por su familia y por darle todo lo que necesitan.
Solicita este crédito para la compra de microfranquicia de limpieza, con lo cual podrá seguir con sus ventas y darle a sus clientes lo que piden.

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
  • 42
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 4,158.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 12 De Junio Group's $5,225 loan helped a member to buy a cleaning products microfranchise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013