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29 De Enero Group
In this Group: Lorena, Liza, Natalia, Guillermina, Daniela, Rutilla, Rosalia, Leoncia, Silvina, Wilma, Maria, Joaquina, Adela, Hilaria, Cristina, Blanca, Isabel, Luisa, Maura*, Mirian*
* not pictured
The 20 members of this communal bank work in a variety of business activities and each woman sacrifices herself to improve her situation.

One of the members, Isabel, sells liquor for a living. She defines herself as a very hard-working, determined person. She claims business is going well and she has a very good customer base. Her highest sales volume usually occurs on the weekends when more customers come around. Her goal is to continue growing so that one day she can have a well-stocked store.

She is requesting a loan to buy beer, wines, whisky and other beverages. This is in an effort to have enough inventory to fill customer demand.

All the members are grateful for this opportunity.
View original language description ↓
Las 20 integrantes de este comité cuentan con actividades variadas, cada una de ellas están sacrificándose por mejorar en sus emprendimientos. Isabel es una de estas mujeres, quien por medio de la venta de bebidas que hace, está saliendo adelante.
Isabel se define a sí misma como una persona muy trabajadora y luchadora. Cuenta que le está yendo bien en su negocio, ya que se ha hecho de muy buena clientela. Los fines de semana son los días que más vende, ya que siempre hay más personas. Su meta es poder seguir creciendo y el día de mañana tener una bodega de bebidas bien surtida.
Solicita de este crédito para invertirlo en la compra de cerveza, vinos, whiskys y demás, y con ello poder surtirse y seguir cumpliendo con sus clientes. Ellas están contentas por esta oportunidad que ellas están recibiendo.

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
  • 134
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 29 De Enero Group's $4,850 loan helped a member to buy beer, wine, whisky, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013