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Mbatovi Group
In this Group: Sonia, Nilda, Mirta, Patricia, Carmen, Porfiria, Diosmedes, Pablina, Mirian, Marta, Hilda, Karina*
* not pictured
The group named Mbatovi are requesting their first loan from the women's committee, where they all work and are dedicated to doing their best and helping their families. One of the members is Mirta and she sells milk. She explains that she works from very early in the morning so that the milk that she sells arrives to the customers' tables for their breakfasts. She is selfless and hard-working and wishes for her business to grow so that she can continue giving her customers what they need. She is requesting this loan to invest in buying milk so that she can have more stock and carry on giving her customers the highest quality product.
View original language description ↓
El grupo llamado Mbatovi está en su ciclo número 1 del programa de comité de mujeres, donde todas trabajan y tienen la mejor de las predisposiciones para poder trabajar y ayudar a sus familias.
Una de las integrantes es la Sra. Mirta, quien comenta que se dedica a la venta de leche. Cuenta que trabaja desde muy tempranas horas para que la leche que vende llegue a la mesa de sus clientes para el desayuno. Es muy sacrificada y emprendedora esta mujer, y quiere crecer en su negocio y seguir dando a su clientela lo que necesita.
Solicita de este crédito para poder invertirlo en la compra de leche, ya que podrá tener un mayor stock y seguir dando buenos productos a sus clientes.

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
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $28,811,550
    Funds lent in using Kiva
  • 4,158.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbatovi Group's $1,775 loan helped a member to buy milk to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013