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Bendición Group
In this Group: Cristina, Laura, Justa, Luisa, Olga, Rossana, Julia, Francisca, Francisca, Maria, Maria, Veronica, Susana, Ermelinda, Maria*, Fatima*, Maria*, Mirta, Maria
* not pictured
The Bendicion (Benediction) committee was formed more than a year ago and is now in its fourth cycle. It operates in San Lorenzo, a neighborhood where people have few resources. The women make a living selling a range of products. Some sell clothes, others medicines and food items, some selling from home and others door-to-door. The group has a record of paying their loans on time, both within the committee and to Fundacion. They have savings of 2,982,681. They hold joint activities such as raffles and dinners to build their savings in case one of their members becomes sick or so that they can accelerate their loan payments to Fundacion.


For this cycle, the efforts the women have made to improve their lives have been notable. The support of the group has been fundamental to the growth of their businesses and also to their self-worth which has developed as they've come to see themselves as active players within the group. The women are happy with their training, especially the module related to personal finance, because it helps them organize better.


The businesses that each member is developing are:
1- Cristina Noemi B.. Teacher and clothing sales.
2- Laura A.. Food sales.
3- Justa Arevalo. Sales of beauty products.
4- Luisa D.. Sales of natural medicines.
5- Olga F.. Sales of notions.
6- Rossana B.. Perfume sales.
7- Julia G.. Hairdresser.
8- Francisca A.. Food sales.
9- Francisca D.. Sales of catalog merchandise.
10- Maria Antonia A..
11- Maria G.. Clothing sales.
12- Veronica F.. Fruit sales.
13- Susana A.. Clothing sales.
14- Ermelinda M.. Dressmaker.
15- Maria O.. Food sales.
16- Fatima F.. Fruit sales.
17- Maria Elena A.. Food sales.
18- Mirta O.. Sales of notions.
19- Maria D.. Sales of notions.

View original language description ↓
El comité Bendición se formo hace mas de 1 año, son un grupo que esta en 4to. Ciclo.
Pertenecen a la zona de San Lorenzo. Reducto, un donde conviven personas de escasos recursos.
Las señoras se dedican a la venta de productos varios en sus hogares, las demás hacen venta de ropas, remedios y comidas, algunas en su casa y otras recorren de puerta en puerta.
Como grupo es un comité estable pagan con puntualidad sus cuotas en la Fundación y dentro del grupo también, poseen un Ahorro de 2.982.681. Ademas realizan actividades en conjunto como rifas y polladas para lograr un fondo de Caja de Auxilio para los casos que alguien se enferme , o poder adelantar sus pagos como grupo en la Fundación.
En este ciclos se nota el esfuerzo de las señoras por salir adelante y el apoyo de su grupo ha sido fundamental para hacerlas crecer en su actividades económicas y también en su autoestima que se ha desarrollado por la forma en que ellas son protagonistas e importantes con su trabajo en el grupo. Las señoras se sienten contentas con las capacitaciones, especialmente con el modulo de presupuesto personal, pues les ayuda a tener una mejor organización.
Las actividades que cada una desarrolla son:
1- Cristina Noemi B.. Profesora y Venta de ropa.
2- Laura A.. Venta de Comidas.
3- Justa Arevalo. Venta de producto de belleza.
4- Luisa D.. Venta de remedios naturales.
5- Olga F.. Venta de merceria.
6- Rossana B.. Venta de perfumes.
7- Julia G.. Peluquera.
8- Francisca A.. Venta de productos comestibles.
9- Francisca D.. Venta de productos por catalogo.
10- Maria Antonia A..
11- Maria G..Vta. De Ropas.
12- Veronica F.. Venta de fruta.
13- Susana A.. Venta de ropa.
14- Ermelinda M...Modista.
15- Maria O..Vta. De Comidas.
16- Fatima F.. Venta de frutas.
17- Maria Elena A..Venta de comidas.
18- Mirta O..Venta de merceria.
19- Maria D.. Venta de comida.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,045.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Bendición Group's $4,775 loan helped a member buy products for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 18, 2008
Listed
Oct 3, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009