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Renacer Group
In this Group: Luz, Mirta, Natalia, Ida, Maria, Juana, Alejandra, Modesta, Maria, Nidia, Elsa, Candida, Liz, Claudia, Juana*
* not pictured
This group, called "Renacer", is on its 21st loan cycle as part of the women's committee group. We have seen throughout the previous loan cycles that this is a hard-working and feisty group. The women dream of being able to continue fighting to give their families everything they need.

Through effort, constant work and the successful women's energetic performances in business, the women's lives are improving.

Mirta, on of the group's members. makes a living selling drinks. She tells us that she sells most on the weekends. Through this business Mirta can give her family everything they need and can cover daily household costs. Mirta would like her business to grow over time so that she can have a higher income.

Mirta is applying for this loan so as to buy drinks such as wine, beer, fizzy drinks and more. Through this she will be able to satisfy her customers' demands.
View original language description ↓
El grupo llamado Renacer está en su ciclo número 21º del programa de comité de mujeres, es un grupo muy trabajador y luchador y eso se puede ver dentro de los ciclos que ya pasaron, ellas sueñan con poder seguir luchando para dar a sus familias todo lo que necesitan.
A través del esfuerzo y el trabajo continuo y la aplicaciones de los comportamientos vitales de una mujer exitosa, ella se encuentra mejorando sus vidas.
Mirta, una de las miembros, se dedica a la venta de bebidas, comenta que los fines de semana es cuando más ventas tiene. Ella por medio de este negocio da a su familia todo lo que necesitan y cubre los gastos del día a día. Ella quiere que con el tiempo su negocio vaya creciendo y tenga mejores ingresos.
Ella solicita de este crédito para la compra de bebidas como ser vinos, cervezas, gaseosas y demás y de esta forma seguir dando 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
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,158.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $5,125 loan helped a member to buy wine, beer, fizzy drinks and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013