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Norte Poty Group
In this Group: Silvina, Brigida, Josefa, Fani, Evangelista, Elizabeth, Nancy, Maxima, Alicia, Nilsa, Carmen, Elizabeth, Mercedes, Librada, Fermina*
* not pictured
The committee Norte Poty has fifteen members and they have passed the 3rd cycle. They are happy and grateful for the investment opportunity that is offered to them by the Fundación Paraguaya and Kiva. And it is through these efforts that they can continue improving their life conditions.

Elizabeth is one of members who has her own food business, which with a lot of sacrifice has been growing growing and today, thanks to the good work that she does and the delicious food she prepares, she is already known in the area. Her dream is to continue growing and that is a dream that she is working towards. She is asking for this loan to buy more supplies to make meals such as meat, vegetables, noodles, rice and others by bulk, because that way she can continue the work she is doing.
View original language description ↓
El comité Norte Poty, cuenta con quince miembros, han pasado al 3er ciclo. Contentos y agradecidos por la oportunidad de inversión que se les brinda a través de la Fundación Paraguaya y kiva, de a que a través de su esfuerzo puedan ir mejorando sus condiciones de vida.
Elizabeth es una de ellas, quien tiene su propio negocio de comidas, que con mucho sacrificio fue montando y hoy, gracias al buen trabajo que hace, y a las delicias que prepara, ya es conocida en los alrededores, su sueño es poder seguir creciendo, y en miras a ese sueño es que se está esforzando.
Pide este préstamo para poder comprar insumos varios para hacer comidas, como carne, verduras, fideos, arroz y demás por cantidad, ya que de esa forma podrá seguir con su trabajo como lo viene haciendo.

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

  • $8,400
    Average annual income
  • 124
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,297.9
    Paraguay Guarani (PYG) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Norte Poty Group's $3,575 loan helped a member to purchase meat, vegetables, noodles, rice and more by bulk.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2014
Listed
Jul 31, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015