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Cañaveral Group
In this Group: Romina, Simona, Silvia, Arsenia, Valentina, Graciela, Maria, Mirna, Carmen, Ramona, Reinalda, Maria, Griselda, Wilma, Margarita, Ana
The Cañaberal committee was formed over a year ago. The women that comprise this group engage in different sales activities in the neighborhood where they live. They do business as much in their respective homes as they do going from door to door offering their products in their communities. Thanks to their years of experience, they are very strict when it comes to admitting new members. Each woman in this select group is very responsible with her work.

One of the members is Romina R.. She sells various products such as sewing notions, clothes, and utensils for the home. She acquires her merchandise based on the occasion. This instance is no exception. She requests the loan to purchase toys because the Day of the Child is celebrated this month in Paraguay. The demand for toys increases massively.

All the members of this group are thankful for the opportunity that the loan provides since it facilitates their work.
View original language description ↓
El comité Cañaberal nace hace mas de un años.
Las señoras que integran este comité se dedican a diferentes actividades a la venta de artículos en el barrio en el cual residen, tanto en sus respectivos domicilios como recorriendo casa por casa para ofrecer sus productos en sus Comunidades, gracias a los años de experiencia son muy estrictas a la hora de admitir nuevas integrantes ya que que es un grupo muy selecto con señoras muy responsables con sus labores.
Una de las integrantes es la señora de Romina R. quien se dedica a la venta de prodcutos varios ya sea de merceria, ropas, utensilios para el hogar y otros.
Ella dependiendo de la ocacion adquiere las mercaderia para vender, asi como en esta ocacio que solicita el prestamo para la compra de juguetes ya que en este mes en Paraguay se recuerda el dia del niño y la demanda de juguetes aumente masivamente.
Todas las integrantes de este grupo agradecen por la oportunidad que se les brinda con el crédito ya se les facilita el trabajo.

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
  • 19
    View loans »
    Paraguay Loans Fundraising
  • $37,148,675
    Funds lent in using Kiva
  • 4,725.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Cañaveral Group's $2,075 loan helped a member to purchase toys.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 21, 2010
Aug 17, 2010
Currency Exchange Loss:
Dec 15, 2010