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Virgen Del Pilar Group
In this Group: Blanca, Mirian, Carmen, Martina, Epifania, Cristina, Virginia, Maria, Zunilda, Teodora, Celia, Catalina, Nicolasa, Nancy, Maria, Rosalina, Alicia, Pabla
All the members of the "Virgen del Pilar group are striving to succeed, and have the incentive to improve their income in order to provide a better quality of life to their families. That is why they all participate actively in the training workshops and discussion sessions.

One of the members is Nicolasa, who through effort, desire to succeed, perseverance, and by applying the essential behaviors of a successful woman, is seeking to improve her situation.

One of the jobs she does is selling food, and she also has a store in her own home. Nicolasa is very energetic, and eager to work and overcome her level of poverty.

She is requesting this loan for the purchase of her supplies for making food, such as vegetables, condiments, meat, ham and cheese. This will help her generate more income.
View original language description ↓
Todas las integrantes del grupo Virgen del Pilar luchan y son incentivadas para mejorar sus ingresos para brindar una mejor calidad de vida a sus familias, es por eso que todas participan de una manera activa en las capacitaciones y las charlas.
Una de las integrantes es la Sra. Nicolasa, quien mediante el esfuerzo, ganas de superación y lucha constante y las aplicaciones de los comportamientos vitales de una mujer exitosa, ella busca mejorar su situación. Entre el trabajo que ella hace es la venta de comestibles y también cuenta con su almacén en su propia casa.
La Sra. Nicolasa es muy activa, tiene ganas de trabajar y superar su nivel de pobreza Solicita de este crédito para la compra de sus insumos para la elaboración de comestibles, como ser verduras, condimentos, carne, jamón, queso, lo que le ayudará a generar más ingresos.

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
  • $27,485,400
    Funds lent in using Kiva
  • 4,618.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Pilar Group's $3,325 loan helped a member to buy vegetables, condiments, meat, ham, cheese, etc. for making food.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2013
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014