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Para Desarrollo Group
In this Group: Myrian Beatriz, Maria Gloria*, Lucia Viterba, Liz Paola, Nancy Soledad, Victoria Soledad, Fiorella, Rosa Elizabeth, Cirila Alejandra*, Efigenia
* not pictured
This group is called "Para Desarrollo" and is just starting to work. This is their first loan cycle and as the name of the group says, they have united to develop the spirit of each one of them.

Myrian Beatriz is a part of this group. She makes a living selling cosmetics of all kinds. She is a very hard working woman who is anxious to get ahead and make progress in order to help her family. Myrian has a great desire to have a large locale to continue selling her products. She is requesting this loan to buy cosmetics to sell and continue making a living each day.
View original language description ↓
Para desarrollo se llama este grupo que está empezando a trabajar, este en su primer ciclo y como el nombre del grupo lo dice, se unieron para desarrollar el espíritu de cada una de ellas.
Es parte de este grupo la Sra. Myrian Beatriz, quien se dedica a la venta de cosméticos de todo tipo. Ella es una persona muy trabajadora y con ansias de salir adelante y progresar para poder ayudar a su familia. Myrian tiene el gran deseo de tener un gran local para poder seguir vendiendo sus productos.
Solicita de este crédito para la compra de cosméticos para poder venderlos y así seguir ganándose el sustento del día a día.

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
  • 4,300.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Para Desarrollo Group's $1,775 loan helped a member to buy cosmetics to be sold.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Nov 13, 2012
Dec 11, 2012
Currency Exchange Loss:
Jul 17, 2013