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Villa Elena Group
In this Group: Rocio, Daniela, Ana, Valentina, Lucila, Teresa, María, Isidra, Estela, Luisa, María, Isabel, Ramona, Fatima, Ana
The Villa Elena communal bank was created in the city of Lambaré. It is currently beginning its third cycle in the women’s committee program. They are requesting the loan because they want to invest in their work. This is the main source of income with which they help their families.

Ana is a member of this group. She sells clothes in an itinerant manner. She now has very good clientele who always appreciate the variety of clothes that she has. She says that she started with very little. However, she was later growing more and more with her effort, until it came to be what it now is.

She is requesting this loan to be able to buy t-shirts, pants, jeans, shirts, skirts, and others. They are grateful for the opportunity that she and her friends are receiving.
View original language description ↓
Villa Elena se formo en la ciudad de Lambaré, actualmente inician el 3º ciclo del programa comité de mujeres. Con el que solicitan ellas quieren invertirlo en sus labores, ya que estas son su principal fuente de ingresos con los que ayudan a sus familias.
Ana, miembro de este grupo, cuenta que se dedica a la venta ambulante de prendas, tiene ya muy buena clientela que siempre aprecia la variedad de ropas que tiene. Cuenta que inicio con muy poco, pero que después fue creciendo cada vez más con su esfuerzo hasta llegar lo que es hoy.
Solicita de este crédito para poder invertirlo en la compra de remeras, pantalones, jeans, camisas, polleras y demás, y agradecen por la oportunidad que reciben ella y sus amigas.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Villa Elena Group's $2,875 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013