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Ruvicha Group
In this Group: Rosa, Josefina, Camila, Maria, Emilce, Mercedes, Carmen, Maria, Gladys, Maria, Ana, Felicita, Ana, Celia, Luz, Lucia, Nancy, Petrona*, Basilia*
* not pictured
Ruvicha Group is in its eighth loan cycle with the women's committee program. The group's known for its good work and the mutual support among the members, all of whom are putting forth their best effort to get ahead.

One of the members is Rosa Carmen, who has improved her household finances with effort and her job. She's one of the women entrepreneurs who was able to make the most of the opportunity she was given to earn additional income for her family.

Rosa Carmen said she raises chickens for sale to earn a living. She also makes detergent with cleaning kits. This additional help from Fundación Paraguaya helps start new jobs to earn income through cleaning microfrancises.

Rosa Carmen's requesting this loan to buy feed for her chicks to earn a profit from them so she can increase her income.
View original language description ↓
El grupo Ruvicha está en su ciclo número 8 del programa de comité de mujeres, donde el grupo es caracterizado por la buena predisposición y la ayuda mutua de las integrantes, donde todas están poniendo su mejor esfuerzo para salir adelante.
Una de las integrantes es la Sra. Rosa Carmen quien través del esfuerzo y el trabajo continuo ha podido ir mejorando su bienestar económico dentro del hogar, ella es una de las mujeres emprendedoras que supo cómo aprovechar la oportunidad que se le otorgó para así generar nuevos ingresos dentro de la familia Cuenta la misma que realiza la cría de pollitos para su posterior venta y así generar ingreso dentro de la casa. También realiza la producción de detergentes a partir de kits de limpiezas que es también una ayuda accesible que recibe de la Fundación Paraguaya para ir implementando nuevas labores que le generen ingresos a través de las microfranquicias de limpieza.
La Sra. Rosa Carmen solicita de este crédito para la compra de alimentos para los pollitos y después para volver a sacar ganancia de los mismos y aumentar sus 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.

Tags

About Paraguay

  • $4,555
    Average annual income
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,447.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ruvicha Group's $3,475 loan helped a member to buy chicken feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 25, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014