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Emanuel Group
In this Group: Carmen, Nancy, Petrona, Paula, Gloria, Yessica, Bernarda, Julia, Lourdes, Luciana, Sixta, Maria, Rossana, Graciela, Elva, Liz*, Florentina*
* not pictured
This group, called Emanuel, is in its fourth loan cycle. The women in the group are the heads of their households and are seeking resources to improve their lives. One of the members is Carmen, who makes and sells food in her home. She will use her loan to buy oil, meat, flour, eggs, and other products so that she can keep cooking.
Carmen is the president of the group and notes that she always inspires her friends to keep struggling and improving for their families. She knows that all of them have to give 100 percent to better their lives. They are grateful for the opportunity they are receiving, which will open many doors to them and help them keep moving forward.
View original language description ↓
El grupo llamado Emanuel; está en su ciclo número 4 ellas son mujeres jefas de familia, que quieren capacitarse para mejorar sus vidas. Una de las integrantes es la Sra. Carmen, quien se dedica a la venta de comidas en su casa utilizara su crédito para la compra de aceite, carne, harina, huevos, entre otros para poder seguir haciendo sus comidas.
Ella es la presidenta y comenta que siempre inspira a sus amigas a ir luchando y mejorando por su familia. Es consciente de que todas tienen que poner todo de si para mejorar sus vidas. Ellas estan agradecidas por la oportunidad que esta recibiendo que les abrirá muchas puertas para seguir mejorando.

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

  • $4,555
    Average annual income
  • 65
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 4,442.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Emanuel Group's $4,700 loan helped a member to buy oil, meat, flour, eggs, and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2014