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Nuevo Renacer Group
In this Group: Norma Elizabeth , Aureliana, Mabel, Edith, Clara, Rosana , Ramona , Claudia , Maria , Sonia , Veronica , Mercedes , Nilza , Maria
An excellent group of women is called Nuevo Renacer. It based is the city of Villa Elisa, thanks to the present president, Norma, who contacted the consultant in a weekly meeting that she had in the area to find out about the type of work the Enterprising Women's Committee does. Once she had consulted about the program, she was able to get 14 women together who are working very well together and are in their 1rst cycle. They are united and supportive in the program.

One of the members is Ramona. She sells undergarments. She says she has a very good customer base since she always brings good quality products and this pleases her customers. She remarks that with this work she is able to support her self and her family.

She is asking for the loan to buy all types of undergarments, which will help her to satisfy her customers demand.
View original language description ↓
Nuevo Renacer se denomina el excelente grupo de mujeres conformado en la ciudad de Villa Elisa, gracias a que la actual presidenta, la Sra. Norma contactó con la asesora en una reunión semanal que la misma tenía en la zona, para informarse de la forma de trabajo que tiene el Comité de Mujeres Emprendedoras, una vez asesorada acerca del Programa logró juntar a 14 mujeres quienes se encuentran trabajando muy a gusto en el 1° ciclo, en forma conjunta y solidaria dentro del programa.
Una de las miembros es la señora Ramona, quien se dedica a la venta de lencería, dice que tiene ya muy buena clientela, ya que siempre trae productos de buena calidad y eso agrada a sus clientes. Comenta que por medio de este trabajo ella logra mantenerse y mantener a su familia.
Ella solicita el crédito para la compra de todo tipo de lencería, lo cual le ayudará a cumplir con la demanda de sus clientes.

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
  • 15
    View loans »
    Paraguay Loans Fundraising
  • $37,143,800
    Funds lent in using Kiva
  • 4,140.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Renacer Group's $1,875 loan helped a member to buy undergarments to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 19, 2011
Nov 1, 2011
Currency Exchange Loss:
Feb 15, 2012