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29 De Setiembre Group
In this Group: Mirian Graciela , Celia , Lidia , Modesta , Graciela , Leonora , Hilda , Nilda , Juana , Ramona , Irene , Librada , Marlene , Mercedes
The September 29th Committee was formed as a result of several neighbors from the city of Mariano Roque Alonso joining together. All of the committee members have developed independent businesses, but they also participate in activities together as a group in order to strengthen their camaraderie. The members have formed a group that is united, hardworking, and enterprising.

Sra. Mirian is one of the committee members. Her family consists of her daughter and her husband who is employed. She says that she sells women’s clothing, which helps her husband with the household expenses and supporting their daughter. Mirian says thanks to the time she invests in her work, she has been able to establish a good customer base who always place orders.

She is requesting a loan to buy clothes for women such as skirts, trousers, jeans, and other items. This will help restock her inventory so that she can offer more variety to her customers.

View original language description ↓
El comité “29 de Setiembre” se formó con la unión de varias vecinas de la ciudad de Mariano Roque Alonso. Todas las integrantes del comité desarrollan actividades independientes, pero también actividades en conjunto que fomentan su compañerismo. Las integrantes formaron un grupo muy unido, trabajador y emprendedor.
La Señora Myrian es una de las integrantes del comité, ella tiene una familia muy unidad con 1 hija y su marido, quien es empleado. Nos comenta que ella se dedica a la venta de prendas para damas, con lo cual ayuda a su marido con los gastos de la casa y con la manutención de su hija. Dice que gracias al tiempo que lleva en esto, ha podido formarse una clientela bien definida que siempre le hace pedidos.
Ella solicita el crédito para la compra de prendas para damas, como ser polleras, pantalones, jeans y demás, lo cual la ayudará a surtirse y tener más variedad que ofrecer a sus clientas.

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
  • 31
    View loans »
    Paraguay Loans Fundraising
  • $37,305,300
    Funds lent in using Kiva
  • 4,265.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 29 De Setiembre Group's $3,250 loan helped a member to buy women's clothing for eventual resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 20, 2011
Nov 18, 2011
Currency Exchange Loss:
Mar 15, 2012