San Cayetano Group

The group of women called San Cayetano was formed on March 20, 2009, thanks to its general director, señora Basilia Bogado, who sells fruits. She found out about the program thanks to the president of another group, who was her neighbor. She invited her to form her own group, and she contacted an advisor to get more information about the program and the work that Mujeres Emprendedoras does. Once she had all of the information, she succeeded in bringing together 17 working women, who are now on their second loan. They work together in a supportive manner. The average credit that will be loaned to each member is 429.41 guaranís, which will go towards different activities like selling beverages, charcoal, fruit, trinkets, medicine, food, etc. All of them carry out these activities to make money, and they help each other to reach their common objectives that they have with Fundación Paraguaya. They actively participate in their weekly meetings and demonstrate a spirit of teamwork. With this credit, they will buy merchandise for a grocery store like rice, sugar, mate, dairy products, bread, soft drinks, etc. They will also buy ingredients to prepare food like meat, flour, eggs, condiments, etc. And they will buy charcoal, beverages, fruit, trinkets, CDs, medicines, clothing, and general merchandise.

Translated from Spanish by Tanya Harper, Kiva Volunteer

El Comité de Mujeres de nombre San Cayetano, se conformó en fecha 20 de marzo del 2009, gracias a que la Directora General, la Sra. Basilia Bogado que se dedica a la venta de frutas, se informó del Programa gracias a la presidenta de otro grupo que era su vecina y la misma la invitó a formar su propio grupo, la misma contactó con la asesora informándose aun mas con respecto al programa y de la forma de trabajo que tiene el Comité de Mujeres Emprendedoras.
Una vez asesorada acerca del Programa logró juntar a 17 mujeres quienes se encuentran trabajando muy a gusto ya pasando al 2do ciclo, en forma conjunta y solidaria dentro del programa.
El promedio de crédito retirado por cada integrante es de 429.411 Gs. lo cual va destinado para diferentes actividades tales como venta de bebidas, venta de carbón, venta de frutas, venta, venta de bijouterie, venta de medicamentos, venta de comestibles, etc.
Todas ellas realizan actividades para recaudar fondos, se ayudan mutuamente para llegar a los objetivos en común que todas tienen dentro del grupo y con la Fundación Paraguaya.
Participan activamente en las reuniones semanales y demuestran espíritu de trabajo en equipo.
Con el crédito comprarán: mercaderías para la despensa como arroz, azúcar, yerba, lácteos, panificados, gaseosas, etc. Compra de ingredientes para la elaboración de comestibles carne, harina, huevos, condimentos, etc., compra de carbón , bebidas, frutas, bijouterie, compra de CDs, medicamentos para farmacia, compra de ropas, mercería en general.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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