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Invernada Group
In this Group: Maria, Perlas, Ángelica, Victoria, Maria, Estela, Lilian, Cynthia, Lidia, Maria, Norma, Amelia, Elisa*, Teresa*, Rosmelia*
* not pictured
The Invernada communal bank has been together for a long time and always works as a team, encouraging each other to become stronger and to get ahead. The group has 15 members, all of whom are very enthusiastic about the work they do.

Victoria is one of the members, and she is known for being very enterprising. She works from her own home selling cell phone items. She is very good at customer service, is very kind and has many customers, which is why her business is doing well. She would like to continue to grow her business. She is requesting this loan to buy tools to repair cell phones as part of her business.

All of the members of this group are very grateful for the opportunity they have been given to improve their lives.
View original language description ↓
El comité se denomina Invernada es un grupo antiguo que trabaja siempre en equipo, motivándose unas a otra para fortalecer y salir adelante. El grupo tienen 15 integrantes, todas animadas sobre las actividades que realizan.
Una de las integrantes que se caracteriza por ser muy emprendedora es la Sra. Victoria quien se dedica desde su propia casa a vender artículos de celulares, brinda buena atención, es muy amable y tiene varios clientes, es por eso que le va muy bien. Ella quiere seguir creciendo, es por eso que pide este préstamo para poder comprar herramientas para poder hacer reparaciones de celulares en su negocio.
Todas las integrantes de este grupo están muy agradecidas por la oportunidad que han recibido de mejorar sus vidas.

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

  • $8,400
    Average annual income
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,447.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Invernada Group's $4,075 loan helped a member to buy tools to repair cell phones.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014