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8 De Diciembre Group
In this Group: Celia, Maria, Martha, Jessica, Karen, Lilian, Claudia, Vicenta, Alicia, Nadia, Blasida, Ramona, Francisca, Marylin, Blanca, Gloria, Rosa
This group is in its 16th cycle with the women’s committee program. All of them work and help each other get ahead through effort, continual work, and by applying the vital habits of a successful woman.

One person who is working and putting forth effort to improve her life is Maria, the treasurer of the group. She sells food. She manages her business herself. Therefore, the loan she is requesting is to buy supplies to make her food like empanadas and sandwiches. She will buy things like meat, vegetables, condiments, and more. This way she will continue working to improve her life and that of her family.
View original language description ↓
Este grupo está en su ciclo número 16º del programa de comité de mujeres, donde todas trabajan y se ayudan por salir adelante a través del esfuerzo y el trabajo continuo y las aplicaciones de los comportamientos vitales de una mujer exitosa.
Una persona que trabaja y se esta esforzando por mejorar su vida es la Sra. Maria quien es la Tesorera del grupo, y ella se dedica a la venta de comidas, ella misma maneja su negocio, por lo tanto el crédito que pide es para la compra de insumos para la elaboración de sus empanadas, Sándwiches, comidas en general, como ser carne, verduras, condimentos y demás, y así seguir trabajando por mejorar su vida y la de sus familiares.

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
  • 124
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,434.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $4,300 loan helped a member to buy meat, vegetables, condiments, and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 15, 2013
Nov 15, 2013
Currency Exchange Loss:
Feb 21, 2014