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Comité De Mujeres Emprendedoras De Caacupé Group
In this Group: Rogelia, Mary, Maria, Eulalia, Rosa, Luisa, Elva, Amalia, Delfina, Maria, Hilda, Ramona, Eloisa, Maria, Lilian, Marta
This group is made up of 16 women who work in the Seminarioa neighborhood of the city of Caacupé. The group is currently in the 10th cycle of the Women Entrepreneurs program at Fundación Paraguaya. Most of the women work in sales—running small stores, selling chipas, selling clothing, and selling paper, among other activities.

The women are maintaining a line of credit that averages 1,243,000 Guaranís ($249.00) per member. With the loans they have received from Fundación Paraguaya, they have invested in the purchase of products for the production of chipas, items to keep their stores stocked, men’s and women’s clothing, and food items such as sugar, cookies, beef, and oil.

The president of the group, Mrs. Rogelia G., gave her thanks to Fundación Paraguaya for the support and confidence she has received from them. She promised on behalf of the group to uphold the agreement they entered to make payments on time, as they have been doing since their first cycle in the program.

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
  • 55
    View loans »
    Paraguay Loans Fundraising
  • $33,435,825
    Funds lent in using Kiva
  • 5,110.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Comité De Mujeres Emprendedoras De Caacupé Group's $3,900 loan helped a member the purchase of supplies for the various businesses, such as sodas, milk, cookies, men's and women's clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 29, 2009
Feb 20, 2009
Currency Exchange Loss:
Jul 15, 2009