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Divino Niño Jesus Group
In this Group: Norma, Nilda, Catalina, Aurelia, Blanca, Evangelista, Diana, Rumilda, Tomasa, Valentina, Teodora, Maria, Olga, Anselma, Agripina, Miryans
This group, Divino Niño Jesus, is in its 6th loan cycle in the communal banks program, currently has 17 members although only 16 of them are requesting this loan, and is a group characterised by its integrity, responsibility and participation in meetings and training. One noteworthy story is that of Nilda, who is 52 years of age, and makes a living by selling milk and cheese. She gets up early and milks her cows before going out to work as a travelling salesperson. Her family help her to carry out her work. With this work, she is the breadwinner for her entire family. She is requesting this loan to purchase ingredients for making cheese, as she has a lot of orders and wants to be able to satisfy all her customers. 17 woman appear in the photo, as the group has 17 members, but in this case only 16 of them are requesting this loan.
View original language description ↓
Este grupo Divino Niño Jesus se encuentra en el 6to. Ciclo del programa de comités, cuenta con 17 integrantes actualmente pero solo 16 solicitan de este préstamo, es un grupo cuyas características son la integridad, responsabilidad, participativo en las reuniones y capacitaciones.
Una de las historias dignas de destacar es el de la señora Nilda de 52 años, ella se dedica a la venta de leche y queso, ella se levanta muy temprano y realiza el ordeñe de sus vacas para luego salir a vender en forma ambulante. Su trabajo lo realiza con ayuda de su familia.
Ella con esta actividad es el sostén económico de toda su familia.
Pide este préstamo para la compra de insumos para elaborar sus quesos, ya que tiene muchos pedidos y quiere poder cumplir con todos sus clientes.
En la foto aparecen 17 mujeres, ya que el grupo tiene 17 miembros, pero en esta oportunidad solo 16 solicitan este préstamo.

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
  • 68
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,416.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Divino Niño Jesus Group's $4,475 loan helped a member to purchase ingredients for making cheese.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2014
Listed
May 28, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014