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Medalla Milagrosa Group
In this Group: Alicia, Elsa, Librada, Alodia, Lourdes, Idalina, Nilsa, Shirley, Zunilda, Karen, Eladia, Gloria, Cristina
The group called “Medalla Milagrosa” (Miraculous Medal) is in its first cycle in the committee program; they all work and are getting to know one another and learning to work together to get ahead because they know that’s the key to be able to grow and to improve.

A story worthy of pointing out is Elsa’s who by means of the clothes she makes is getting ahead. She’s a very hardworking person who despite adversities is being able to grow and improve her family’s income. She strives to get ahead and day to day is improving.

She’s asking for this loan to buy fabric, thread, adhesives, buttons and others to continue working and filling various orders she has.
View original language description ↓
El grupo llamado Medalla Milagrosa está en su Primer Ciclo del programa de comité, donde todas trabajan y además de eso se están conociendo y aprendiendo a trabajar juntas para poder salir adelante, ya que saben que esa es la clave para poder crecer e ir mejorando.
Una historia digna de destacar es la de la Sra. Elsa, quien por medio de la confección de prendas que hace, está saliendo adelante. Ella es una persona muy trabajadora, que pese a las adversidades esta pudiendo crecer y mejorar los ingresos de su familia. Lucha por salir adelante y día a día ir mejorando.
Solicita de este crédito para la compra de telas, hilos, gomas, botones y demás, y con ello poder seguir con su trabajo y también cumplir con varios pedidos que tiene.

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
  • 138
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,219.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Medalla Milagrosa Group's $2,350 loan helped a member to buy sewing supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013