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Torype Oñondivepa Group
In this Group: Irmina, Maria*, Solana, Florinda, Liliana*, Fidencia, Julia, Reina, Maria Asunción, Zulma, Amelia, Epifania, Maria, Patricia, Justina, Trinidad, Felicia, Francisca
* not pictured
The group's contact is Ana P. who makes a living selling natural medicines on one of the city's main avenues. She recruited her neighbors and friends to form the committee in her area. The committee has 18 members who have businesses and generate income for their households. Their respective businesses are:


Irmina Espínola Food Sales
Maria P. Cleaning
Solana Ramírez Dressmaking
Florinda Báez Avon Sales
Liliana G. Purse Sales
Fidencia P. Underwear Sales
Julia A. Clothes Sales
Reina Báez Grocery
Maria Asunción P. Food Sales
Zulma G. Clothes Sales
Amelia D. Manicurist
Epifanía B. Clothing Salesa
María O. Dressmaking
Patricia F. Clothing Sales
Justina V. Food Slaes
Trinidad P. Tailoring
Felicia E. Jewelry Sales
Francisca B. Fruit Sales


Each withdraws a different loan amount but they jointly promise to repay the loan. They meet once a week to collect a weekly payment and to touch on issues of mutual interest. They also operate businesses together in order to collect additional funds for their joint savings.


This group has proved to be one of the most disciplined and organized and the members say that they are very happy working and using their loans to earn incomes.

View original language description ↓

El contacto para formar el comité fue la señora Ana P. que trabaja vendiendo remedio naturales en una de las principales avenidas de la ciudad. Ella contactó con sus vecinas y amigas para formar el comité en dicha zona.

El comité está constituido por 18 integrantes todas tienen actividades productivas y generan ingreso dentro de sus hogares. Las actividades que realizan cada una son:
Irmina Espínola Venta de Comida
Maria P. Limpiadora
Solana Ramírez Modista
Florinda Báez Venta de Productos Avon
Liliana G. Venta De Bolsos P
Fidencia P. Venta De Ropa Interior
Julia A. Venta de Ropa
Reina Báez Despensa
Maria Asunción P. Venta de Comida
Zulma G. Venta de Ropa
Amelia D. Manicurista
Epifanía B. Venta de Ropa
María O. Modista
Patricia F. Venta de Ropa
Justina V. Venta de Comida
Trinidad P. Confección de Ropa
Felicia E. Venta De Joyas
Francisca B. Venta De Frutas

Cada una retira un monto distinto de préstamo pero todas se comprometen en conjunto a pagar semanalmente por su crédito, para lo cual realizan reuniones semanales para juntar el dinero de la cuota, además de tocar temas de interés para el crecimiento del grupo. Ellas también realizan diversas actividades en conjunto para poder recaudar fondos adicionales que lo ahorran.

Este grupo a demostrado ser uno de los más disciplinados y organizados y ellas cuentan que se encuentran muy contentas trabajando y obteniendo capital de sus créditos.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,947.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Torype Oñondivepa Group's $3,400 loan helped a member buy products and supplies for various businesses.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2008
Listed
Dec 26, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 24, 2009