This is a group of humble and hard-working women who possess entrepreneurial spirits and a great desire to get ahead together. They joined up with the purpose of improving their standards of living, for themselves personally, for their families, and for their businesses. They decided to achieve this by way of forming an independent group to help each other. In this manner, the women assume their responsibilities as a united group. Each member has an individual amount of 300,000 PYG.
1. María Tereza J. – clothing sales
2. Rutilia González – clothing sales
3. Sonia Cinthia V. -- fruit and vegetable sales
4. Teresa C. González – street vendor
5. Lidia Mercedes D. -- clothing sales
6. Agustina R. – street vendor
7. María Estela V. – street vendor
8. Norma Rios N. – fruit and vegetable sales
9. Susana S. – vegetable sales
10. Dominga A. – street vendor
11. Carmen G. – clothing sales
12. Rosalina A. – meat sales
13. Ramona C. – remedy and condiment sales
14. Zunilda Ester B. – general store
15. María Salvadora González – general store
16. Salvadora Rita González -- remedy and condiment sales
Este grupo de señoras humildes y muy trabajadoras que poseen un espiritu emprendedor y las muchas ganas de progresar conjuntamente se unierón con el proposito de mejorar su calidad de vida en lo personal, familiar y en sus negocios, atravez de la formación de un grupo solidario en donde estan dispuestas a ayudarse. De esta forma las señoras asumen una responsabilidad de manera conjunta,. Cada señora lleva un monto individual de 300.000.
1 María Tereza J. Mactera
2 Rutilia González Macatera
3 Sonia Cinthia V.
Venta de frutas y Verduras
4 Teresa C. González Vendedora Ambulante
5 Lidia Mercedes D.
6 Agustina R. Vendedora Ambulante
7 María Estela V. Vendedora Ambulante
8 Norma Rios N. Venta de Frutas y Verduras
9 Susana S. Venta de verduras
10 Dominga A. Vendeora Ambulante
11 Carmen G. Ropería
12 Rosalina A. Vendedora de carne de Cerdo
13 Ramona C. Venta de Remedios y condimentos
14 Zunilda Ester B. Almacen
15 María Salvadora González Almacen
16 Salvadora Rita González Venta de Remedios y Condimentos.
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.
A portion of Unidas Para El Trabajo Group's $950 loan helped a member the group is comprised of 16 women with a great desire to invest their loan into their daily work. Each one has an enterprise that will be helped greatly by the funding that Fundación Paraguaya provides, which is a tool they can use to improve their businesses. They will use the funds for the purchase of more products to sell such as clothing, fruits, vegetables, groceries, etc.