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Mujeres Emprendedoras Group
In this Group: Liz, Diana, María, Antonia, Hermelinda, Atanasia, Apolinaria, Claudia, Rocío, Johana, Adriana, Elvira, Justina, Carmen, Dora*
* not pictured
The group called “Mujeres Emprendedoras” (Enterprising Women) is in its first loan cycle with the Women’s Committee Program. These industrious women are learning how to work together. All of them are very excited about growing each of their businesses. They are from the city of Curuguaty, which is in a remote rural district that is still under development.

Sra. Antonia is a hardworking and enterprising person. She strives each day to provide her family with everything they need so that they don’t have to experience being without like she had to endure. Antonia is a seamstress, but she also makes all types of jewelry that are of very good quality. She dreams of someday having a successful workshop that is well-equipped with various machines. Antonia says that she wants her community to keep growing and improving.

She is requesting this loan so that she can invest in fabrics, thread, rubber, buttons, zippers, and other items. This will enable her to continue sewing so that she can do good work for her customers.
View original language description ↓
El grupo llamado Mujeres Emprendedoras está en su primer ciclo del programa de comité de mujeres, son mujeres trabajadoras que están aprendiendo a trabajar juntas y tienen todo el entusiasmo de ir creciendo en lo que cada una está haciendo. Ellas son de la cuidad de Curuguaty, una zona muy alejada, bastante rural, que esta aun en desarrollo.
La Sra. Antonia es una persona muy trabajadora, y emprendedora, lucha día a día para poder dar a su familia todo lo que necesitan y que no tengan que pasar necesidades como las que ella tuvo que pasar.
Antonia está trabajando en la costura, también hace prendas de todo tipo y son de muy buena calidad. Sueña con algún día tener un buen taller de costuras bien equipado con varias maquinas, también nos dice que quiere que su comunidad siga creciendo y mejorando.
Solicita de este crédito para poder invertirlo en la compra de telas, hilos, gomas, botones, cierres y demás, ya que con ello podrá seguir haciendo sus costuras y dando a sus clientes un buen trabajo.

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

  • $4,555
    Average annual income
  • 79
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $2,600 loan helped a member to buy fabrics, thread, rubber, buttons, zippers, and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jul 9, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014