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Nueva Vida Group
In this Group: Maria, Elesa, Maria, Felicia, Maria, Estela, Rumilda, Catalina, Marcelina, Norma, Herminia, Eleuteria, Arminda
Maria started the Nueva Vida community bank which is currently in its 4th loan cycle. It has 13 members who live about 50 kilometers from Curuguaty in the town of Ybypyta II. The women in the group all work and help each other to get ahead. They are in a rural area with many risks and few means of communication.

Maria raises small animals such as chickens, pigs, goats, and others and sells them. She intends to move forward and grow to give her family what they need with this work. She is a person who makes sacrifices. In spite of many difficulties, she is getting ahead and showing that with effort it is possible to succeed.

She is requesting this loan to purchase animals to raise, which will help her realize her business plan and increase her income.
View original language description ↓
El comité Nueva Vida, se conformó con la iniciativa de la señora Maria; Actualmente se encuentran en el 4to ciclo, con trece (13) integrantes, queda 50 km de Curuguaty, en la localidad de Ybypyta II, comité de mujeres, donde todas trabajaran y se ayudaran para salir adelante. Ellas son de una zona aun rural y que esta en crecimiento, con grandes riesgos y pocos medios de comunicación.
Maria cría animales de corral, como ser gallinas, cerdos, cabras y demás, los vende o faena, y por medio de ese trabajo intenta salir adelante y crecer para poder dar a su familia lo que necesitan. Es una persona muy sacrificada, que pese a muchas dificultades está saliendo adelante y demuestra que con esfuerzo se puede salir adelante.
La sra. solicita de este crédito para la compra animales para la cría, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.

Additional Information

More information about this loan

This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.

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
  • 95
    View loans »
    Paraguay Loans Fundraising
  • $32,366,075
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Vida Group's $4,350 loan helped a member to purchase animals to raise.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 21, 2013
Jun 18, 2013
Currency Exchange Loss:
Jan 17, 2014