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Virgen Del Carmen Group
In this Group: Victoria, Fidelina, Alba, Tranquilina, Sonia, Olga, María, Carmen, Sonia, Emilse, Romina, Liz, Francisca, María, Elaine, Guillermina, Cirila, Carola, Juana*
* not pictured
“Virgen del Carmen” is a group from the city of Paraguarí; it’s in cycle #9 in the women’s committee program. They are working and striving to get ahead and to give their families everything they themselves were unable to have.

María is one of the members. She relates that she’s a seamstress. She does all kinds of services for her customers and they themselves then recommend her good work. She relates that she’s worked since she was young to help her family. Her wish is to be able to establish a spacious sewing workshop in order to also provide employment for others.

She’s asking for this loan to buy fabric, thread, elastic, buttons, and others because these are the main supplies she always uses in her sewing. She’s grateful for the opportunity she’s getting because she’ll be able to continue to grow.
View original language description ↓
Virgen del Carmen es un grupo de la ciudad de Paraguarí, está en el ciclo número 9 del programa de comité de mujeres, ellas están trabajando y luchan por poder salir adelante y dar a sus familias todo lo que ellas no pudieron tener.
Maria es una de las integrantes, quien cuenta que se dedica a la costura, ella hace todo tipo de servicios a sus clientes, y son ellos mismos quienes después hacen promoción de su buen trabajo. Cuenta que desde joven ha trabajado y así ayuda a su familia, su deseo es poder tener un taller de costura amplio y de esa forma también poder dar trabajo a otras personas.
Ella solicita de este crédito para poder invertirlo en la compra de telas, hilos, gomas, botones y demás, ya que estos son los principales insumos que siempre usa para su costura. Esta agradecida por la oportunidad que recibe, ya que podrá seguir creciendo.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,170.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Carmen Group's $4,900 loan helped a member to buy sewing supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013