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Igualdad Group
In this Group: Myrian, Mirta, Ismaela, Maria, Maria, Irma, Liz, Nidia, Tomasa, Nelly, Maria, Daniela, Nancy, Jessica, Susana, Dolly, Castolina*
* not pictured
The communal bank "Igualdad" is in its first Women's Program loan cycle; and each member is excited to be involved in the challenge and wanting to learn how to improve her lifestyle.

One of the members, Nidia, is requesting a loan to buy perfumes, which is the business she is in to get ahead. She says she has many customers and, thanks to this, she is helping her family.

She is very grateful for this support which will be very useful to her.
View original language description ↓
El grupo llamado Igualdad está en su ciclo número 1 del programa de comité de mujeres, donde cada una está muy emocionada por formar parte de este desafío y quieren capacitarse para mejorar sus vidas.
Nidia es una de las miembros, ella solicita de este crédito para poder invertirlo en la compra de perfumes, ya que por medio de este negocio está saliendo adelante, también cuenta que ya tiene muy buena clientela y que gracias a esto está ayudando a su familia.
Esta muy agradecida por esta ayuda que está recibiendo, que les será muy útil.

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
  • 136
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Igualdad Group's $2,900 loan helped a member to buy perfumes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013