Check out some available loans that are similar to this one!
15 De Mayo Group
In this Group: Blanca, Miguela, Martha , Ediltrudis, Carmen, Flora, Porfiria, Norli, Tomasa, Lidia, Guillermina, Reinalda, Iluminada, Eleuteria, Dominga, Liz, Narcisa, Mirta, Pablina, Mercedes, Nancy , Margarita, Zunilda , Amada , Olga
This committee was formed through Mrs. Miguela Portilla, who heard about the program in her mother's neighborhood and brought it to the 15 de Mayo township, where there are working women in need of financial support. The women of the committee are very humble and they exert themselves from day to day to maintain their families. They carry out different activities such as selling clothes, food, costume jewelry, chipas (a cheesey snack food made of manioc or corn flour), accessories for cell phones and rechargers, CDs, vegetables, etc. They will each receive an average of Gs. 408,000 from the loan, which they will invest in the purchase of their raw materials and merchandise.

Blanca B. - Recharger/Cellphone Stall
Miguela P. - Homemade Bread Stall
Martha S. - Cosmetics Stall
Ediltrudis M. - Clothing Stall
Carmen T. - Clothing Stall
Flora F. - Food Stall
Porfiria T. - Food Stall
Norli Cáceres - Hardware Stall
Tomasa N. - Clothing Stall
Lidia S. - Cakes Stall
Guillermina B. - Knick Knacks Stall
Reinalda B. - Plastic Goods Stall
Iluminada A. - Used Clothing Stall
Eleuteria Sarabia - Grocery Stall
Dominga H. - Chipas Stall
Liz C. - Linens Stall
Narcisa V. - CD Stall
Mirta O. - Costume Jewelry Stall
Pablina A. - Food Stall
Mercedes E. - Linens Stall
Nancy L. - Vegetable Stall
Margarita R. - Scrap Iron Stall
Zunilda B. - Cakes Stall
Amada A. - Costume Jewelry Stall
Olga Dávalos - Eggs Stall
View original language description ↓
Este comité se formo a travéz de la Sra. Miguela P., quien escucho sobre el programa en el barrio de su Madre y lo llevo al Asent. 15 de Mayo donde estan mujeres trabajadoras necesitadas de apoyo económico. Las mujeres del comite son muy humildes y se esfuerzan dia a dia para el sustento de su familia. Realizan diferentes actividades como vendedoras de ropas, venta de comidas, venta de biyouteries, venta de chipa, venta de accesorios para celulares y minicargas, venta de CD, venta de verduras, etc. y reciben de crédito en un promedio de Gs. 408.000 cada una, quienes invierten en la compra de sus materia prima y mercaderias.

Blanca B. Vta. Minicarga Cel.
Miguela P. Vta. Pan Cacero
Martha S. Vta. Cosméticos
Ediltrudis M. Vta. de Ropas
Carmen T. Vta. de Ropas
Flora F. Vta. de Comidas
Porfiria T. Vta. de Comidas
Norli Cáceres Vta. de Merceria
Tomasa N. Vta. de Ropas
Lidia S. Vta. de Tortas
Guillermina B. Vta. Menudencia
Reinalda B. Vta. de Plasticos
Iluminada A. Vta. Ropa Usada
Eleuteria Sarabia Almacen
Dominga H. Vta. de Chipa
Liz C. Vta. de Lenceria
Narcisa V. Vta. de C.D.
Mirta O. Vta. de Biyouteris
Pablina A. Vta. de Comidas
Mercedes E. Vta. de Lenceria
Nancy L. Vta. de Verduras
Margarita R. Vta. de Chatarra
Zunilda B. Vta. de Tortas
Amada A. Vta. de Biyouteri
Olga Dávalos Vta. de Huevos

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
  • $31,344,150
    Funds lent in using Kiva
  • 5,115.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 15 De Mayo Group's $1,950 loan helped a member purchase of sugar, meat, corn flour, cheese, milk, eggs, cattle, T-shirts, jewelry, costume jewelry, linen, carbonated beverages, beauty products (creams, perfumes, lipsticks, face-powders), scrap iron and seeds.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2009
Listed
Apr 4, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009