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Hermana Unida Group
In this Group: Anatalia, Petrona, Silveria, Natalia, Maria, Dora, Idalina, Lucia, Maria, Isabel, Nidia, Rita, Edith, Atanasia
The group called “Hermana Unida” is in its third loan cycle as part of the Committee Program. The members are from the city of Concepción, in a growing area that is some distance away from the downtown section. This area is difficult to access, so the members of this group are determined to grow so that they can create a better environment in their neighborhood and promote steady development.


Sra. Anatalia is one of the members. She lives in a small neighborhood in a district in the city of Concepción. There she has a small business where she sells fruit, vegetables, sewing supplies, cleaning products, and meat. Her shop is located in her home where she passes the time. By helping everyone in her neighborhood, the surroundings improve and families feel more secure. This results in everyone having a better future.


Anatalia is requesting a loan in order to buy products for her business, such as food and beverages. This will allow her business to continue growing. As a result, her family can experience a life without deprivation.

View original language description ↓
El grupo llamado HERMANA UNIDA está en su ciclo número 3 del programa de comité, es de la ciudad de Concepción, la cual es una zona un poco alejada de la zona céntrica y aun se encuentra en crecimiento. Es una zona de difícil acceso, por lo que las integrantes de este grupo quieren luchar por ir creciendo y dar a la zona donde viven un mejor ambiente y que vayan creciendo lentamente.
La Sra. Anatalia es una de las integrantes, ella es de una colonia pequeña en distrito de la ciudad Concepción donde tiene su pequeño negocio de Venta de frutas y verdura ,mercería, y producto de limpieza y también carnicería, su local esta en su casa particular y desea que conforme pase el tiempo, y por medio de la ayuda de todas las personas de su zona puedan ir mejorando su entorno y así ofrecer una mayor seguridad a sus familias, también poder procurar para ellos un mejor futuro.
Solicita de este crédito para la compra de insumos para su negocio, como ser comestibles y bebidas y de esa forma poder seguir creciendo con su negocio y dar así a su familia lo que necesitan para tener una vida sin privaciones.

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
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,415.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Hermana Unida Group's $3,600 loan helped a member to buy food products and beverages to sell in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2014