Funded

Total loan: $2,275
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Virgen De Fátima Group

Paraguay
Asunción, Paraguay / Food Production/Sales

A loan of $2,275 helped a member purchase of ingredients for food like meat, flour, cooking oil.


Virgen De Fátima Group's story

This committee is working towards their second cycle, and they have received their second loan from the Fundación Paraguaya. Some members will use the loan money to invest and improve their businesses and others will be starting new ventures.

The group is notable for the responsibility of the women, their punctual payments, and their attendance at trainings, among other things.

One of the members, Mrs. Margarita R. works selling food. She sells her products by going to heavily trafficked areas to sell her meals. Her children help her with all of her business activities.

She will use the loan money to purchase ingredients to make her meals like meat, oil, and flour because these are the principal ingredients for empanadas, milanesas (breaded meat), and other dishes that are popular with her clients.

In this group: Edy , Margarita, Selva, Elvira, Carmen, Norma, Maria, Catalina, Juliana, Deisy, Petronilda, Lilian, Benigna, Maria, Julia*, Laureana*
*not pictured

Translated from Spanish by Kiva volunteer Patrick King



Loan details

Loan length:

6 months
Disbursed date: September 17, 2010
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 17, 2010
Facilitated by Field Partner: Fundación Paraguaya