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Aravoi Group
In this Group: Vilia, Blanca, Evangelina, Quirina, Iluminada, Alodia, Clara, Angela, Ursulina, Blanca, Rosalina, Vilma, Nancy*, Maria*
* not pictured
The 14 members of this committee are female heads of households who have joined together so that they can help their families.

One of these women is Sra. Vilia, who is the committee president. She is the owner of a brickyard. The work is very hard, but it enables her to support her family and provide for their daily needs.

Vilia is an enthusiastic person who has put a great deal of effort into obtaining everything that she has. She is requesting a loan so that she can invest in the purchase of clay for her brickyard. She will use this material for making bricks, which allows her to continue working and striving so that she can improve her life.
View original language description ↓
Las 14 integrantes de este comité son mujeres jefas de familia que se unieron para poder ayudar a sus familias. Una de ellas es la Sra. Vilia, quien es la presidenta del comité, ella es dueña de una olería, en la que trabaja muy duro, y es el medio con el que mantiene a su familia y les da para el día a día.
Es una persona muy entusiasta que con mucho esfuerzo fue consiguiendo todo lo que tiene. Ella solicita su crédito para invertirlo en la compra de arcillas para su olería, para la elaboración de ladrillos y así seguir trabajando y luchando por ir mejorando su vida.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,405,000
    Funds lent in using Kiva
  • 4,445.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Aravoi Group's $3,675 loan helped a member to buy clay for making bricks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014