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Virgen De Fatima Group
In this Group: Olga, Irene, Noelia, Rafaela, Teresa, Maria, Leticia, Erotia, Raquel, Pastora, Vidalina, Marli, Aparicia, Gladys, Bernardina
This woman’s group, called “The Virgin of Fatima”, is on its fifth loan cycle. After continuous hard work and effort, and after describing the behavior of a successful woman, they are improving their lives.
Teresa is a good example. She sells natural remedies door to door. These herbs are used as a tea and also can be added to mate and terere (hot and cold traditional drinks from Paraguay). She sacrifices a lot to do her work, but is proud of her accomplishments. It is a dignified and honest occupation. It helps her family and gives them what they need.
She is asking for this loan in order to buy natural remedies that she will sell. In this way she can continue to work for her family.
View original language description ↓
El grupo llamado Virgen de fatima está en su ciclo 5 del programa de comité de mujeres. A través del esfuerzo y el trabajo continuo y las aplicaciones de los comportamientos vitales de una mujer exitosa, ellas se encuentran mejorando sus vidas.
Teresa es un ejemplo a seguir, ella se dedica a la venta de remedios naturales en forma ambulante, esos remedios pueden ser utilizados para te, también para mate y terere (Bebidas tradicionales de Paraguay). Ella cuenta que su trabajo es muy sacrificado, pero que está orgullosa de lo que hace, ya que es un trabajo digno y honesto, con el que ayuda a su familia y les da lo que necesita.
Solicita de este crédito para poder invertirlo en la compra de remedios naturales para la venta, y así seguir luchando por su familia.

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
  • 43
    View loans »
    Paraguay Loans Fundraising
  • $28,194,925
    Funds lent in using Kiva
  • 4,168.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fatima Group's $5,050 loan helped a member to buy natural remedies that she will sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013