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Yvoty Group
In this Group: Felicia, Porfiria, Guillermina, Dominga, Avelina, Porfiria, María, María, Felipa, Liz, Tania, Blasida, Apolonia
The communal bank "Yvoty" is in its tenth Women's Program loan cycle. Since the first cycle the members have worked as hard as possible to grow and get ahead. The common cause for all of them is to give their families what they were unable to have themselves.

One of the members is Felicia who runs a store where she works every day from the early morning hours. She defines herself as a very determined person who has been able to grow and get ahead through much effort.

She is requesting a loan to buy goods such as beverages, vegetables, fruit, bread and other items to stock her business. Her goal is to give her customers the variety to which they are accustomed.
View original language description ↓
El grupo llamado Yvoty está en su ciclo número 10 del programa de comité de mujeres, las integrantes desde el primer ciclo pusieron todo de ellas ya que quieren crecer y salir adelante. La causa común de todas ellas es dar a sus familias lo que ellas no pudieron tener.
Una de las integrantes es la Sra. Felicia, quien cuenta que tiene una despensa en la que trabaja todos los días desde muy tempranas horas. Felicia se define a sí misma como una persona muy luchadora que con gran esfuerzo ha podido salir adelante y crecer.
Solicita de este crédito para poder invertirlo en la compra de insumos como ser bebidas, verduras, frutas, panificado y demás, ya que con ello podrá surtir su negocio y dar a sus clientes la variedad a la que están acostumbrados.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Yvoty Group's $2,875 loan helped a member to buy beverages, vegetables, fruit, bread and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014