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Mujeres Unidas Group
In this Group: Sadi, Nilda, Pablina, Cinthia, Mari, Natalia, Rosa, Silvina, Lucina, Valeriana, Olga, Dominga, Delia, Victoria, Hilda*
* not pictured
The communal bank "Mujeres Unidas" is in their fourth cycle. All the members are hardworking and united. They are from the city of Santaní, an eminently rural area that is growing. All of the members are involved with the raising and sales of farm animals such as chickens, pigs, goats, etc.

One of the members is Olga, who is requesting this loan to invest it in buying balanced feed. Doing so she will be able to continue working and fighting to give the best to her family.
View original language description ↓
El comité Mujeres Unidas esta en el cuarto ciclo, todas sus integrantes son muy trabajadoras y unidas. Son de la ciudad de Santaní, una zona en crecimiento y eminentemente rural.
Todas las integrantes se dedican a la cría y venta de animales de corral, como ser gallinas, cerdos, cabras y demás.
Una de las integrantes es la Sra. Olga, quien solicita de este crédito para poder invertirlo en la compra de balanceados y de esa forma poder seguir trabajando y luchando para dar lo mejor a su familia.

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.

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About Paraguay

  • $8,400
    Average annual income
  • 99
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,474.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Group's $2,550 loan helped a member to buy balanced feed for animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2014