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Primavera Group
In this Group: Ramona, Elisa, Vivian, Norma, Remigia, Delpilar, Alba, Silvia, Limpia, Mercedes, Emilce, Antonia, Lilian, Fatima*, Alejandra*
* not pictured
The Primavera committee was formed with the initiative of one of its members; they're in the first loan cycle with 15 members. They are 80km from Curuguaty, in the village of Yjhovy, a zone well isolated from the central zone. All of them are women, who, in the majority, make their living through agricultural activities. Antonia, one of them, makes her living raising and selling barnyard animals like hens, pigs, goats and more. She is a very self-sacrificing person and thanks to her efforts she helps her family and achieves having enough for day-to-day.

Today she is asking for this loan to be able to invest it in the purchase of feed for her animals and therefore continue working.
View original language description ↓
El comité Primavera, se conformó con la iniciativa de una de las integrantes, están en el 1er ciclo, con 15 integrantes, ellas están a 80 km de Curuguaty, en la localidad de Yjhovy, una zona bastante alejada de la zona céntrica. Todas ellas son mujeres que en su mayoría se dedican a actividades agrícolas.
Antonia, una de ellas, se dedica a la cría y venta de animales de corral, como ser gallinas, cerdos, cabras y demás. Ella es una persona muy sacrificada, y comenta que gracias a su esfuerzo ayuda a su familia y logra tener para el día a día.
Hoy solicita de este crédito para poder invertirlo en la compra de balanceados para sus animales y así seguir trabajando.

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
  • 96
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,449.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Primavera Group's $2,600 loan helped a member to buy feed for animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014