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Mujeres Solidarias Group
In this Group: Florencia, Aida, Lucia, Valentina, Mercedes, Teresa, Julia, Idalina, Maris, Maria Teresa, Nilda, Gloria, Emiliana, Liz, Francisca
View original language description ↓
The group called Mujeres Solidarias formed in the month of November, 2006. This committee formed thanks to Idalina J., who came to a talk and was interested in the program. She motivated her neighbors to participate in the program. The group is centered in the center of the city of Itá.

The group has now worked with the Fundación Paraguaya (this microcredit organization) for two years. All of them have been adhered to the program and this has brought them the opportunity to get loans much more easily and it is also important to point out that they value the loan and they demonstrate excellent repayment behavior. They are very talented and and united, participating in meetings twice monthly. Also they do extra activities in order to gather the funds to solve any eventuality that might happen to the committee.



The group is made up of a total of 15 industrious women who do various activities. They want a new loan that they will invest according to the activity of each member.

Florencia Báez will use her loan to buy fabric and thread to make and embroider items to wear. Aida R. will buy wallets, necklaces, and other articles to sell. Lucia R., Valentina E., Mercedes A., Teresa R., Julia G., Idalina J., Maris H. and María Teresa N. have stores where they will invest their loans in the purchase of rice, sugar, yerba mate (an herbal tea), flour, vermicelli, cleaning supplies, etc.



Nilda C. wants to buy sweets as she is in charge of a school canteen. Gloria G. sells clothes and she wants to acquire winter clothing stock. Emiliana A. will buy coal to sell.

The last two are Liz O. who will invest her loan to buy fruits and vegetables for her business, and Francisca B. who also sells clothing and therefore the loan would be destined to buy winter clothing.




Translated from Spanish by Jessica Kaminsky, Kiva Volunteer.




El Grupo denominado Mujeres Solidarias, se conformó en el mes de noviembre del año 2.006, dicho comité se conformó mediante la señora Idalina J. quién participó de una charla y se interesó por el programa motivando a sus vecinas a participar del mismo. El Comité “Mujeres Solidarias” se encuentra localizado en el centro de la cuidad de Itá.



El grupo ya lleva trabajando más de 2 años con la Fundación Paraguaya, todas ellas se encuentran muy conformes con el programa ya que les brinda la oportunidad de obtener con mucha facilidad créditos, así mismo cabe destacar que valoran el préstamo y lo demuestran con el excelente comportamiento de pago. Son muy cumplidas y unidas, semanalmente participan de sus reuniones, además realizan actividades extras para la recaudación de fondos para solventar cualquier eventualidad que surja dentro del comité.



Está integrado por un total de 15 laboriosas mujeres que realizan diversas actividades. Ellas desean un nuevo crédito que lo invertirán según la actividad de cada integrante:



Florencia Báez destino su crédito a la compra de telas de Ao o'i e hilos para la confección y bordado de prendas de vestir.
Aida R. a la compra de carteras, bijouterie, y artículos de mercería. Lucia R., Valentina E., Mercedes A., Teresa R., Julia G., Idalina J., Maris H. y María Teresa N. poseen despensas por lo que invertirán sus crédito en la compra de arroz, azúcar, yerba mate, harina, fideos, articulas de limpieza, etc.



Nilda C. desea comprar golosinas ya que ella es encargada de una de cantina escolar, Gloria G. vende ropas por lo que desea adquirir ropas de invierno, Emiliana A. comprará carbón para la venta.



Las últimas dos son Liz O. que invertirá el crédito para la compra de frutas y verduras para su negocio y Francisca B. que también vende ropas por lo que el crédito será destinado en la compra ropas para invierno.

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

  • $8,400
    Average annual income
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 3,995.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Solidarias Group's $3,800 loan helped a member to buy fabric, needles, clothes, wallets, jewelry, rice, sugar, flour, vermicelli, cleaning supplies, coal, fruits and vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 16, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2009