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Buena Vecindad Group
In this Group: Daniela, Blasida , María Teresa , Raquelina, Norma*, Evangelista, Rosa , Claudia, Rossana, Alberta, Deisy, Basilica, Myrian*, Gladys, Maria, Paulina, Felicita, Rossana, Anacelta, Victoria
* not pictured
Buena Vecindad is a very cohesive group of women who have worked with Fundacion Paraguaya for more than 2 years. The group is made up of 20 women who operate various business such as: sales of food, clothing and cold drinks. The members believe that solidarity is indispensable to the success of their projects. They met in the "Comite de Mujeres" program, an important effort for developing entrepeurship and, in turn, self-employment and the means to generate an income. The members work together in activities such as lotteries and food sales to collect funds to resolve whatever emergencies arise within the group, something that's fostered a strong solidarity among the women. The Buena Vecindad committee is characterized by it's cohesiveness and sincerity.
View original language description ↓
Buena Vecindad es un grupo muy solidario ellas ya operan con la Fundación Paraguaya más de 2 años.
El grupo está integrado por 20 señoras todas de ellas cuentan con diferentes actividades como: venta de comidas, ropas, bebidas, mercería, etc.
Las integrantes consideran que la solidaridad es indispensable para el éxito de los proyectos.
Ellas encontraron en el programa “Comité de Mujeres” el apoyo integral, para el desarrollo de sus proyectos de emprendimiento, el cual además les da la posibilidad de autoempleo y generación de ingresos propios. Las mismas trabajan en forma conjunta en actividades como sorteos, realizan comidas para su posterior venta y así recaudan un fondo para solventar cualquier eventualidad que surja dentro del grupo y de ese modo fomentan la solidaridad entre ellas. El comité Buena Vecindad se caracteriza por la unión, la coherencia y sinceridad.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 5,110.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Buena Vecindad Group's $3,175 loan helped a member buy products to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2009
Listed
Feb 20, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009