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El Manantial Group
In this Group: Elba, Daniela Barreto*, Rumilda, Silvina*, Julia, Guillermina , Aurelia , Nilda *, Lorenza, Liliana, Ana , Maria , Edilia, Beatriz , Ursulina, Lidia, Nilsa, Odilia, Ramona
* not pictured
This group was organised by Elba M., who lives in the Remancito Sector 5 neighbourhood of Ciudad del Este. She contacted her neighbours and friends to form this neighbourhood group.

The group is called “El Manantial” and is made up of 19 very active women, all from the same area. They each sell different products – trousers, T-shirts, tomatoes, onions, makeup, compact powder, face creams, perfumes, apples, bananas, melons, watermelons, plates, and cutlery – and are always looking for new business opportunities.

The women are requesting loans of between 300,000 and 800,000 gs; they all have steady incomes. They will use the money to both purchase merchandise for them to sell and buy basic goods for resale to other retailers.

Daniela Barreto S. sells clothing, Elba M. has a general store, Rumilda F. sells cosmetics,
Silvina R. Díaz sells chicken, Julia Méndez sells clothing, Guillermina O. sells bedding, Aurelia S. sells clothing, Nilda D. sells chickens, Lorenza S. sells chickens, Liliana C. sells chickens, Ana Fernández sells plastics, Maria Méndez sells cutlery, Edilia Méndez sells plastics, Beatriz Céspedes sells food, Ursulina F. sells hardware, Lidia G. sells towels, Nilsa O. sells foodstuffs, Odilia Báez sells clothing and Ramona I. sells underwear.
View original language description ↓
El contacto para la formación fue la señora Elba M., domiciliada en el barrio Remancito Sector 5 de C.D.E. Ella contacto con sus vecinas y amigas para formar el comité en dicha zona.

El comité se denomina “El Manantial”, está constituido por 19 señoras muy activas todas de la misma zona. Ellas tienen actividades diferentes como ser venta de: Pantalones, remeras, tomates, cebollas, maquillajes, polvo compacto, cremas para el rostro, perfumes, manzanas, bananas, melones, sandias, platos, cucharas, Tenedores, cuchillos y otras que emprenderán una nueva labor. Las señoras retiran un crédito de 300.000 a 800.000 gs y cuentan con un ingreso fijo.

El Crédito destinaran a la compra de mercaderías para vender y artículos de primera necesidad para su posterior venta.

Daniela Barreto S. Venta de Ropa
Elba M. Despensa
Rumilda F. Venta De Cosméticos
Silvina R. Díaz Venta De Pollo
Julia Méndez Venta De Ropa
Guillermina O. Venta De Sabanas
Aurelia S. Venta De Ropa
Nilda D. Venta De Gallinas
Lorenza S. Venta De Gallinas
Liliana C. Venta De Gallinas
Ana Fernández Venta De Plásticos
Maria Méndez Venta De Cubiertos
Edilia Méndez Venta De Plásticos
Beatriz Céspedes Venta De Comidas
Ursulina F. Mercería
Lidia G. Venta de Toallas
Nilsa O. Venta de Comestibles
Odilia Báez Venta de Ropa
Ramona I. Venta de Ropa Interior

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

  • $4,555
    Average annual income
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 5,090.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of El Manantial Group's $2,100 loan helped a member purchase fruits, vegetables, chickens, cosmetics, cutlery, plastics, clothing, foodstuffs etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2009
Listed
Mar 29, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009