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Nuestra Señora De La Asuncion Group
In this Group: Miguela , Amelia , Brigida , Valvina , Mariana , Cesaria , Gregoria , Luz , Maria , Alicia , Clara , Liz , Karina
The “Nuestra Señora de la Asunción” (Our Lady of the Assumption) committee arose when 13 women from the city of San Lorenzo joined together. They are heads of household who want to help their families by means of their work and effort. Miguela, 40, is group president. She’s an enterprising woman who is capable of leading a large group like this one. Throughout the cycles she’s shown a strong drive for self-improvement and desire to continue growing. She sells various things and is asking for this loan to buy sugar, noodles, meat, milk, baked goods, rice, etc. The group is happy to be part of the program and they all want to continue working and growing together.
View original language description ↓
El comité Nuestra Señora de la Asunción surge de la unión de 13 mujeres de la ciudad de San Lorenzo, ellas son jefas de familias, que quieren ayudar a sus familias por medio de su trabajo y de su esfuerzo.
La Sra. Miguela, presidenta del grupo tiene 40 años, es una mujer muy emprendedora y capaz de liderar un grupo numeroso como lo es este, durante todos estos ciclos ha demostrado ganas de superación y deseos de seguir creciendo. Se dedica a las ventas varias y solicita el crédito para la compra de azúcar, fideos, carne, leche, panificados, arroz, etc.
El grupo esta contento por formar parte del programa y todas ellas desean seguir trabajando juntas y creciendo.

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
  • 88
    View loans »
    Paraguay Loans Fundraising
  • $35,137,850
    Funds lent in using Kiva
  • 4,469.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuestra Señora De La Asuncion Group's $1,575 loan helped a member to buy sugar, noodles, meat, milk, baked goods, rice, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 16, 2012
Nov 13, 2012
Currency Exchange Loss:
Feb 15, 2013