Check out some available loans that are similar to this one!
Mujeres En Acción Group
In this Group: Graciela, María*, Cesarina, Nida, Graciela*, Ydolina, Marisa, María, Lucia, Nancy, Paola, Blanca, Beatriz, Vidalina, Rosalina
* not pictured
View original language description ↓
The members of this committee are dedicated to varied activities, among which can be counted the sale of clothes, fast foods like empanadas, tortillas, small roasted meat croquettes, etc.; others are dedicated to the recycling of cardboard, plastic and all types of metals. In addition to running their small business, the majority of them are also the heads of their households and are in charge of administering the finances, the education of their children, and the care of their homes.


This committee is actually in its sixth cycle in our program, which demonstrates that it is a well organized and solid group. The hopes of progress which each of the members has is the most important ingredient in maintaining the success of them all. They hoep that their children don’t have to face the same work and educational limitations that they had when they were younger, and because of this, they work doubly hard to be able to give their children the opportunity of progress.


To be able to continue working and to augment their earnings, they would like to receive investment in their business, for which the group asks for a loan to acquire merchandise to sell; like clothes, hats, scissors, needles, threads, shoes, school supplies, in addition to ingredients and merchandise to sell, like meat, fruits, vegetables, vinegar, flower, dairy products, rice, etc.


Translated from Spanish by Zach Frey, Kiva volunteer.


Las integrantes de este comité se dedican a variadas actividades entre las que se puede destacar la venta de ropas, comidas rápidas como empanadas, tortillas, croquetas asaditos de carne etc.; otras se dedican al reciclaje de cartón, plástico, y todo tipo de metales en desuso. Además de manejar sus microempresas ellas en su mayoría son cabeza de hogar y se encargan de administrar los ingresos, cuidar de la educación de sus hijos y los cuidados de la casa.


Actualmente este comité se encuentra en su sexto ciclo del programa lo que demuestra que son un grupo bien organizado y solidario. Los deseos de progresar que tienen cada una de las que integrantes es el ingrediente más importante para mantener el éxito de todas. Ellas desean que sus hijos no pasen por las mismas limitaciones laborales y educativas que ellas tuvieron cuando jóvenes, por eso se esfuerzan el doble para poder brindar a sus hijos oportunidades de progresar.


Para poder seguir trabajando y lograr aumentar sus ganancias, ellas desean seguir invirtiendo en sus negocios por lo que el grupo solicita un crédito para adquirir mercaderías para la venta como ropas, sombreros, tijeras, agujas, hilos, zapatos, artículos escolares, además de ingredientes y mercaderías para despensa como carne, frutas, verduras, aceite, harina, lácteos, arroz, fideos, enlatados, etc.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 3,970.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Acción Group's $3,225 loan helped a member merchandise to sell in their businesses.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 24, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009