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Damas Del Bicentenario Group
In this Group: Liza , Maria , Teresa , Teresa , Hermelinda , Nancy , Elsa , Mirian , Glady , Maria , Alba , Sonia , Francisca , Mirta
The committee Damas del Bicentenario (Ladies of the Bicentennial) can be found working in the city of San Lorenzo. Their committee was formed about two years ago. They have learned to know each other and to organize themselves, paying attention to the reality of their situations. Every week they pay a little fee into their petty cash, and they are an excellent committee. They have helped with the formation of other committees in the zone where they live, also helping those people who can use their help.

Senora Alba has a little store, and she wants, through the loan, to be able to stock her little establishment with more products so that she can offer her customers more variety than she has now, and in addition to be able to assure her sustenance and that of her family.
View original language description ↓
El comité DAMAS DEL BICENTENARIO se encuentra trabajando en la ciudad de San Lorenzo, desde hace cerca de dos años; han aprendido a conocerse y a organizarse atendiendo a su realidad. Todas las semanas pagan una pequeña cuota para su caja chica y son un excelente comité, han ayudado a la conformación de otros comités en la zona donde residen, ayudando tambien a aquellas personas que puedan necesitar de ellas.
La Sra. Alba, tiene un pequeño almacen y ahnela, por medio del credito, poder equipar su pequeño establecimiento con mas productos en los que pueda ofrecer a sus clientes mas variedad de las que tiene, ademas poder asegurar su sustento y el de su familia.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $37,305,300
    Funds lent in using Kiva
  • 3,970.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Damas Del Bicentenario Group's $1,900 loan helped a member to buy all the items to stock her store (canned goods, beverages of all types, foodstuffs, and other products that are sold individually).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 25, 2011
Jun 22, 2011
Currency Exchange Loss:
Oct 15, 2011