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Reseda Group
In this Group: Vicenta, Elizabeth, Isabel, Cinthia, Rosa, Patricia, Fermina, Ramona, Liz, Maria, Shirley, Victoria, Evelyn, Luz, Lorena, Maria, Isidora, Maria, Estela*
* not pictured
The group named "Reseda" is in its third loan cycle with the Women Entrepreneurs Program. This enterprising group is growing a little bit at a time and has the expectation of moving forward through the work of each member.

Ramona is part of this group and is putting forth great effort to keep growing and to improve her life and the conditions of her family. She is a seamstress as well as a hardworking and determined individual. Her dream is to continue growing and to provide other people with work that will be helpful to them.

Ramona is requesting a loan so that she can invest in the purchase of fabrics and thread, which will enable her to complete her customers' orders. She is grateful for the opportunity that she and her friends have received.
View original language description ↓
El grupo llamado Reseda está en el 3er. Ciclo del programa de mujeres emprendedoras, es un grupo muy emprendedor y que fueron creciendo de apoco, y con una expectativa de salir adelante por medio del trabajo de cada una.
Ramona es parte de este grupo, y con mucho esfuerzo está creciendo y mejorando su vida y las condiciones de su familia. Es modista y una persona muy trabajadora y luchadora. Su sueño es poder ir creciendo y poder dar a otras personas trabajo y así servir de ayuda.
Pide este crédito para poder invertirlo en la compra de telas e hilos, para poder cumplir con el pedido de sus clientes. Agradece por esta oportunidad que ellas y sus amigas están recibiendo.

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,429.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Reseda Group's $4,050 loan helped a member to buy fabrics and thread used in sewing.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2013
Listed
Nov 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014