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Ayuda Mutua Group
In this Group: Noelia, Felicita, Juana, Maria, Gregoria, Patricia, Feliciana, Petrona, Mirtha, Alejandra, Francisca, Shirley, Maria, Nair, Maria, Inocencia*, Cynthia*
* not pictured
This group is called Ayuda Mutua and is in its fifth cycle. All of these ladies are working through mutual assistance and want to help their families through this united work. Each one is putting forth her best effort to improve her quality of life. Noelia is the group’s president and is a domestic employee. She also does crafts from her home. She is a very hardworking woman who strives to get ahead and provide her loved ones with all the things she was not able to have. Noelia is asking for this loan to buy craft supplies such as fabric, paints, thread, etc. so she can créate new ideas and varieties. She is grateful for this opportunity to grow and improve.
View original language description ↓
Este grupo se llama Ayuda Mutua, se encuentra en el 5º ciclo, todas ellas están trabajando por medio de la ayuda mutua y quieren ayudar a sus familias por medio de ese trabajo unido. Cada una está poniendo su mayor esfuerzo para poder mejorar sus condiciones de vida.
La Sra. Noelia es la presidenta del grupo, ella es empleada domestica y también realiza manualidades desde su domicilio. Es una mujer muy trabajadora que lucha por salir adelante y dar a sus seres queridos todo lo que ella no pudo tener.
La Sra. Noelia solicita este préstamo para invertir en sus manualidades, y en la compra de telas, pinturas, hilos, etc., para crear nuevas ideas y variedades. Ella agradece por esta oportunidad que está recibiendo de crecer y mejorar.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,418.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayuda Mutua Group's $4,425 loan helped a member to buy supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2014
Listed
Mar 30, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014