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Festival Guarambare Group
In this Group: Digna, Claudia, Wilma, Regina, Isidora, Cristina, Rocio, Maria, Domitila, Antonia, Balbina, Gloria, Elsi
The “Guarambaré Festival” committee has 13 members; all of them put in effort and dedication in order to get ahead and help their families since they want to give them everything they themselves never had.

Digna is a group member and she relates that with her work and sacrifice she’s getting ahead and helping all her loved ones. She’s a person who dreams with a better tomorrow for her family which is why she is tireless.

Digna sells all types of beverages and this is what she’s requesting the loan for because she wants to buy soft-drinks, beer, wine and other types of beverages to continue having good products for her customers.
View original language description ↓
El comité Festival Guarambaré tiene 13 integrantes, donde todas ponen todo su esfuerzo y dedicación para poder salir adelante y ayudar a su familia, ya que quiere darles todo lo que no pudieron tener.
Digna es parte del grupo y cuenta que con su trabajo y sacrificio esta saliendo adelante y ayuda a los suyos. Es una persona que sueña con un mañana mejor para su familia, es por ello que no se cansa.
Digna vende bebidas de todo tipo y es para ello que solicita el crédito, ya que quiere comprar gaseosas, vinos, cervezas y demás tipos de bebidas para seguir teniendo buenos productos que dar a 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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $38,003,000
    Funds lent in using Kiva
  • 4,340.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Festival Guarambare Group's $2,100 loan helped a member to buy soft-drinks, wine, beer and others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 20, 2012
Jul 26, 2012
Currency Exchange Loss:
Jan 15, 2013