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Virgen Del Rosario Group
In this Group: Maria, Monica, Nancy, Alba, Regina, Estanislada, Nilsa, Francis, Isabel, Rafaela, Yolanda, Monica, Ismelda*
* not pictured
The thirteen members of this committee have a variety of activities; each one of them works hard to grow and to get ahead. This is why they are striving to the maximum; they want to give their children everything they themselves were unable to have.

María is committee president. She has a small store she works hard in. She’s asking for this loan to buy sugar, meats, oil, etc. to better stock her store. She defines herself as a hardworking woman who strives to get ahead and to grow.
View original language description ↓
Las 13 integrantes de este comité cuentan con actividades variadas, cada una de ellas trabaja arduamente por crecer y salir adelante, es por eso que se están esforzando al máximo. Quieren dar a sus hijos todo lo que ellas no pudieron tener.
La señora Maria, es la presidenta del comité, tiene una pequeña despensa en la que trabaja arduamente, ella solicita este crédito para invertirlo en la compra de azúcar, carnes, aceite, etc. para cargar más su despensa. Ella se define a si misma como una persona trabajadora que lucha por salir adelante y crecer.

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

  • $8,400
    Average annual income
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,170.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Rosario Group's $3,300 loan helped a member to buy sugar, meats, oil, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013