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Maria Auxiliadora Group
In this Group: Zulmira, Teresa, Wilma, Francisca, Teodolina, Myrian, Carolina, Marisa, Mirian, Celina, Josefina, Veronica, Idalia*
* not pictured
The “María Auxiliadora” committee came together when several neighbors from the community of Tacuruty in the city of Santani joined together. They are from a zone that’s quite far from the central zone and it’s difficult to access. The members dream that their community will gradually improve and that in future access and security will be better.

One of them is Wilma who works raising, selling and butchering barnyard animals. She cares for them and feeds them there and sees that they lack nothing. She’s a very hardworking, enterprising woman who dreams with improving her and her family’s living conditions. She’s very grateful for this opportunity that all of them are getting that will allow them to grow.

She requests this loan to buy feed like bran, wheat, alfalfa and others.
View original language description ↓
El comité “Maria Auxiliadora” se formó con la unión de varias vecinas de la comunidad de Tacuruty de la ciudad de Santani, son de una zona bastante alejada de la zona céntrica, es de difícil acceso, las integrantes sueñan con que su comunidad vaya mejorando y que el dia de mañana puedan tener mejor acceso, mayor seguridad.
Una de ellas es la Sra. Wilma, quien se dedica a la cría, venta, y faena de animales de corral, donde ella los cuida, alimenta y ve que no les falte nada. Ella es una mujer muy trabajadora y emprendedora, que suena por mejorar sus condiciones de vida y la de su familia. Esta ,uy agradecida por esta oportunidad que todas están recibiendo, que les permitirá crecer.
Solicita de este crédito para poder invertirlo en la compra de balanceados para sus animales, como ser afrecho, trigo, alfalfa y demás.

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

  • $8,400
    Average annual income
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $30,749,875
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $4,275 loan helped a member to buy animal feed.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014