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8 De Diciembre Group
In this Group: Patricia, Claudia, Angela, Cirilo, Gabriela, Celia, Marta, Marta, Elida, Eustaquia, Perdida, Dolly, Alba*, Rossana, Julia, Lourdes, Maria, Aurora*, Ramona*
* not pictured
This group was formed thanks to Perla Maria Riquelme but because of some small problems, they changed the president and now it's Patricia Bernarda G., and the group is doing very well and continues working. All of the members are from the San Miguel neighborhood in the city of Villa Elisa.

Patricia sells lottery tickets, and in this way is able to bring in income for her family and cover her expenses. She is seeking this loan in order to pay for the refurbishment of her home as she wants a few improvements made to it, and she thanks her friends for the trust they've placed in her in having her be the leader of the group.

All of the women are very hard working and responsible when it comes to making their repayments. They have their meetings in Claudia C.'s home, who is the treasurer of the group. She is a very happy woman, hardworking, honest. All of the group members who are all women who advance with their entrepreneurship with much effort and dedication are very grateful for the foundation that has let them have this unique opportunity and for making it possible for them to support their respective families.

View original language description ↓
Este Comité se formó gracias a la Señora Perla Maria Riquelme pero por pequeños problemas que tuvieron cambio la presidenta y ahora es la señora Patricia Bernarda G., y ahora el grupo esta muy bueno y continuan trabajando , todas las integrantes son del barrio San Miguel de la ciudad de Villa Elisa.
La señora Patricia se dedica a la venta de quiniela o juegos de azar, asi ella consigue obtener el ingreso para su familia y cubrir con los gastos de necesidad.
Ella solicita el prestamo para la compra de refaccion de su vivienda ya que quiere un poco de mejora en su vivienda y agradece a sus amigas por la confianza que depositaron en ella para dirigir el comité.

Todas las mujeres son muy trabajadoras y responsables en cuanto a su pago.
Las reuniones se realizan en el domicilio de la Señora Claudia C. quien es la tesorera del grupo, una señora muy alegre, trabajadora, honesta y todas las del grupo tambien todas son mujeres que siguen adelante con sus emprendimientos con mucho esfuerzo y dedicación y están muy agradecidas a la fundacion por haberles dado esta oportunidad única y por hacer posible que ellas puedan mantener a sus respectivas familias.

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
  • 33
    View loans »
    Paraguay Loans Fundraising
  • $37,192,625
    Funds lent in using Kiva
  • 4,600.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Diciembre Group's $3,125 loan helped a member to pay for costs of refurbishing her home.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 25, 2010
Dec 24, 2010
Currency Exchange Loss:
Apr 22, 2011