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8 De Diciembre Group
In this Group: Graciela, Maria, Sonia, Ilse, Sonia, Isabel, Maria, Marilin, Esthela, Celsa, Elizabeth, Lizza, Daniela
The December 8th group are requesting their second loan from the women's committee program. The group is from the city of Caaguazu, and all are women and the breadwinners for their families who have decided to fight for their families by taking the reins and never letting anything beat them. Sonia is one of the members. She is a cleaner and wants to use her loan to start a small convenience store so that she can generate more income for her family. She hopes that over time, and with the help of the foundation, she will be able to grow. She is requesting this loan so that she can buy vegetables, fruits, noodles, rice, flour, and other supplies in bulk so that she can stock her store.
View original language description ↓
El grupo llamado 8 de Diciembre está en su ciclo número 2 del programa de comité de mujeres, es de la ciudad de Caaguazú, son mujeres jefas de familia que deciden luchar por sus familias y tomar las riendas y no dejarse vencer por nada.
La Sra. Sonia es una de las integrantes, es limpiadora y con su crédito desea tener un pequeño negocio de una despensa, quiere poder emprender esto, ya que de esa forma podrá tener mayor ingreso que poder dar a su familia. Desea que conforme pase el tiempo, y por medio de la ayuda de la fundación pueda ir creciendo.
Solicita de este crédito para la compra de verduras, frutas, fideos, arroz, harina, productos a granel varios y demás insumos para poder utilizarlos para surtir su despensa.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,158.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $3,025 loan helped a member to buy vegetables, fruits, noodles, rice, flour, and other supplies in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013