La Amistad Group

Status: Paid Back

$2,075
Loan Request
Disbursed : Sep 15, 2008
Listed: Sep 1, 2008
Funded: Sep 1, 2008
$2,075
Paid Back
Ended: Jan 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,015.2500 PYG = 1 USD


In this Group:
Sergia Fernandez, Lidia Vazquez, Modesta Benitez, Carolina Gonzalez, Emilia Ledesma, Marilina Mujica, Dora Achar, Blanca Rodriguez, Patricia Mendoza, Agueda Sosa, Francisca Cañiza, Agustina Gomez, Justa Ruíz, Limpia Nuñez, Carmen Insfran, Porfiria Martinez

About the Loan

Location: Luque, Paraguay   Repayment Term: 6 months
(more info)
Activity: Retail   Repayment Schedule: Monthly
Loan Use: The money will be utilized to buy: beverages, baked goods, eggs, flour, oil, ingredients to make food, cosmetics, clothing, cleaning supplies ingredients, etc.   Currency Exchange Loss: Covered
      Default Protection: Covered
This committee formed thanks to the efforts of Carmen Insfran who belonged to the Peace and Tranquility committee together with Porfiria Martínez, Diana González and Patricia Mendoza who decided to form another committee inviting their friends to be part of the program.


Porfiria Martínez sells food and will invest the money in buying ingredients to make food.


Carmen Insfran sells lingerie and silver items and will invest the money in buying these items.


Limpia Nuñez sells cleaning products and will invest in the materials to make these products.


Justa Ruiz sells food and will invest the money in buying ingredients to make food.


Agustina Gómez sells food and will invest the money in buying ingredients to make food.


Francisca Cañiza has a general store and will invest the money in buying general merchandise, beverages, canned goods, etc.


Agueda Gómez sells food and will invest the money in buying ingredients to make food.


Patricia Mendoza sells clothing and will invest the money in buying clothing items.


Blanca Rodríguez sells food and will invest the money in buying ingredients to make food.


Dora Achar sells food and will invest the money in buying ingredients to make food.


Marilina Mujica is a hair stylist and will invest the money in buying items for her work.


Emilia Ledesma is a hair stylist and will invest the money in buying items for her work.


Carolina González has a small store and will invest the money in buying merchandise for her store.


Modesta Benítez is an artisan and will invest the money in buying supplies for her work.


Lidia Vázquez sells food and will invest the money in buying ingredients to make food.


Sergia Fernández sells food and will invest the money in buying ingredients to make food.

Translated from Spanish by Cindy Kendall, Kiva Volunteer



Este comité se formo gracias a la señora Carmen Insfran. Que pertenecía al comité Paz y Tranquilidad junto con otras personas que son Porfiria Martínez, Diana González y Patricia Mendoza que decidieron formar otro comité invitando a sus amigas a ser parte del programa.


La señora Porfiria Martínez quien se dedica a la venta de comestible e invertirá el dinero en la compra de mercaderas para la elaboración de los comestibles.


La señora Carmen Insfran se dedica a la venta de lencería y platería e invertirá el dinero en la compra de esas mercaderías.


La señora Limpia Nuñez se dedica a la venta de producto de limpieza e invertirá el dinero en la compra de insumo para la elaboración de esos productos.


La señora Justa Ruiz se dedica a la venta de comestible e invertirá el dinero en la compra de insumo para la elaboración de los comestibles.


La señora Agustina Gómez, se dedica a la venta de comestibles e invertirá el dinero en la compra de insumo para la elaboración de los comestibles.


La señora FranciscaCañiza, tiene una despensa e invertirá el dinero en la compra de mercaderías bebidas, enlatados, etc.


La señora Agueda Gómez, se dedica a la venta de comestible e invertirá el dinero en la compra de insumo para la elaboración de los comestibles.


La señora Patricia Mendoza, se dedica a la venta de ropa e invertirá el dinero en la compra de prendas en general.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Journal entries for La Amistad Group


Loan has been disbursed
 
Entrepreneur: La Amistad Group
Location: Luque, Paraguay

Thank you for your loan. It has been disbursed to the La amistad group, consisting of Porfiria Martinez, Carmen Insfran, Limpia Nuñez, Justa Ruíz, Agustina Gomez, Francisca Cañiza, Agueda Sosa, Patricia Mendoza, Blanca Rodriguez, Dora Achar, Marilina Mujica, Emilia Ledesma, Carolina Gonzalez, Modesta Benitez, Lidia Vazquez, Sergia Fernandez by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 3 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Luque, Paraguay
Sep 2, 2008
Comments (1)

Kiva Help Repayment Schedule for La Amistad Group

  Expected Repayments Actual Repayments Comments
December 2008 $691.67 $692.00 Repayment Received
January 2009 $691.67 $691.33 Repayment Received
February 2009 $691.66 $691.67 Repayment Received