Check out some available loans that are similar to this one!
La Victoria Group
In this Group: Angelina, Maria, Rafaela, Felipa, Monica, Maria, Herminia, Pabla, Viviana, Ramona, Maria, Gloria, Maria, Mirian
The La Victoria group is in its 6th loan cycle in the program of women's committees. It is from the city of Concepción, which is in an area a bit far from the capital and is still developing. It is an area difficult to access, so the members of this group want to fight to develop and give the area where they live a better atmosphere.

Maria is one of the members. She works as a storekeeper and in the afternoons she has a food cart where she sell food in the evenings. She is a very hard-working woman and, above all, determined and self-sacrificing.

She asks for this loan to be able to invest it in the purchase of vegetables, fruits, cleaning products, and others to be able to stock her shop and in this way be able to continue working as she has been doing.
View original language description ↓
El grupo La victoria está en su ciclo número 6 del programa de comité de mujeres, es de la ciudad de Concepción, la cual es una zona un poco alejada de la capital y aún se encuentra en crecimiento. Es una zona de difícil acceso, por lo que las integrantes de este grupo quieren luchar por ir creciendo y dar a la zona donde viven un mejor ambiente.
La Sra. Maria es una de las integrantes, ella se desempeña como almacenera y por las tardes tiene un carrito de panchero en el que vende por las noches comestibles, ella es una mujer muy trabajadora, y por sobre todo luchadora y sacrificada.
Pide este préstamo para poder invertirlo en la compra de verduras, frutas, artículos varios de limpieza, y demás para poder surtir su despensa, y de esa forma poder seguir trabajando como lo viene haciendo.

Additional Information

More information about this loan

This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,420.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Victoria Group's $4,475 loan helped a member to purchase vegetables, fruit, various cleaning products, and other supplies for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2014
Listed
Jul 5, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014