Pequeño Milagro (small Miracle) Group

Status: Paid Back

$1,950
Loan Request
Disbursed : Nov 29, 2008
Listed: Nov 10, 2008
Funded: Nov 15, 2008
$1,950
Paid Back
Ended: Apr 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555
Currency:Paraguay Guarani (PYG)
Exchange Rate:3,970.0000 PYG = 1 USD


In this Group:
Marcelina Ramos, Maria Chavez, Angela Gonzalez, Sonia Valdez, Maria Victoria Escobar, Ramona Sagrastti, Paola Ortellado, Blanca Benitez, Maria Dolores Escobar, Lourdes Cardozo, Liliana Nuñez, Marina Cespedes, Mirian Nuñez, Nilda Arriola, Letizia Torales, Framcisca Chavez*, Lidia Chavez
* not pictured

About the Loan

Location: Asunción, Paraguay   Repayment Term: 6 months
(more info)
Activity: Retail   Repayment Schedule: Irregularly
Loan Use: To buy charcoal, sodas, beer, wine, liquor, etc., to buy vegetables, to buy sugar, herbs, flour, oil, bread, dairy products, meat, noodles, rice, starch, etc.   Currency Exchange Loss: Covered
      Default Protection: Covered
This committee has 17 members and is currently in its second cycle.


The members work in various activities, as listed below:


-Lidia Chavez, Cantina


-Francisca Chavez, Sale of various merchandise


-Letizia Torales, Clothing sales


-Nilda Arriola, Food sales


-Mirian Nuñez, Clothing sales


-Marina Cespedes, Used clothing sales


-Liliana Nuñez, Lingerie sales


-Lourdes Cardozo, Beverage and clothing sales


-Maria Dolores Escobar, Food sales


-Blanca Benitez, Lingerie sales


-Paola Ortellado, Food sales


-Ramona Sagrastti, Kiosk


-Maria Victoria Escobar, Hairdressing


-Sonia Valdez, Food sales


-Angela Gonzalez, Food sales


-Maria Chavez, Fruit sales


-Marcelina Ramos, Food sales



The director of this group is Mrs. Lidia Chavez, who has sold sweets for the last 5 years. She began selling sweets in front of a school zone and nowadays has her own business within the institution's land, where she serves beverages. The committee has good internal relations and respect among its members.


It is also worth emphasizing the punctuality of their payments and the attendance of the majority of the members at the meetings.

Translated from Spanish by Megan Tatman Montgomery, Kiva Volunteer


Este comité se encuentra actualmente en su segundo ciclo cuenta con 17 integrantes.


Las integrantes se dedican a actividades varias las cuales se detallan a continuación:


-Lida Chavez, cantina


-Francisca Chavez, Vta de mercaderias varias


-Letizia Torales, Venta de ropas


-Nilda Arriola, Venta de comestibles


-Mirian Nuñez, Venta de ropas


-Marina Cespedes, Venta de ropas usadas


-Liliana Nuñez, Venta de lenceria


-Lourdes Cardozo, Venta de bebidas y ropas


-Maria Dolores Escobar, Venta de comestibles


-Blanca Benitez, Venta de lenceria


-Paola Ortellado, Venta de comestibles


-Ramona Sagrastti, Kiosko


-Maria Victoria Escobar, Peluqueria


-Sonia Valdez, Venta de minutas


-Angela Gonzalez, Vta de comestibles


-Maria Chavez, Vta de frutas


-Marcelina Ramos, Vta de comestibles.


La Directora de este comité es la Sra. Lida Chávez quien es vendedora de golosinas desde hace 5 años, ella empezó vendiendo algunas golosinas frente a una escuela de la zona, y actualmente tiene su propio negocio dentro del predio de la institución es la cantinera. El comité presenta buena relación interna y respeto entre sus integrantes.


Cabe destacar también la puntualidad en los pagos y asistencia de la mayoría de las integrantes a las reuniones.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Heather
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David G
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Chris
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Mary
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Rob
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Christina + Frank
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Journal entries for Pequeño Milagro (small Miracle) Group


Loan has been disbursed
 
Entrepreneur: Pequeño Milagro (small Miracle) Group
Location: Asunción, Paraguay

Thank you for your loan. It has been disbursed to the Pequeño Milagro (Small Miracle) group, consisting of Lidia Chavez, Framcisca Chavez, Letizia Torales, Nilda Arriola, Mirian Nuñez, Marina Cespedes, Liliana Nuñez, Lourdes Cardozo, Maria Dolores Escobar, Blanca Benitez, Paola Ortellado, Ramona Sagrastti, Maria Victoria Escobar, Sonia Valdez, Angela Gonzalez, Maria Chavez, Marcelina Ramos by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 3 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Asunción, Paraguay
Nov 30, 2008
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Kiva Help Repayment Schedule for Pequeño Milagro (small Miracle) Group

  Expected Repayments Actual Repayments Comments
February 2009 $650.00 $650.00 Repayment Received
March 2009 $650.00 $650.00 Repayment Received
May 2009 $650.00 $650.00 Repayment Received