Comite Santa Catalina Group

When Mrs. Elsa Vazquez heard about the program offered through Fundacion Paraguaya, she didn't hesitate in contacting her neigborhood 's friends to inform them about it. After an informative conversation among them, the 16 ladies decided to form a committee.

The members of the group dedicate themselves to diverse activities like selling clothes and handicrafts. Others are owners of small grocery shops and candy shops. Some of them are seamstresses.

The money given through the loan will help them buy raw materials related with the diverse activities that each one of them do. Among some of the materials used are: theads, needles, fabrics, flour,eggs,beverages,oil,pasta,etc.

Translated from Spanish by Maria Ramirez-Gregg, Kiva Volunteer

Los integrantes del grupo se dedican a diversas actividades como la venta de ropas y manualidades. Otras son dueñas de despensas y confiterías. Algunas son costureras.

El dinero otorgado pro el crédito será destinado a la compra de materiales relacionados a las diversas actividades. Por ejemplo: hilos, agujas, telas, harina, huevo, bebidas, aceite, pasta entre otros.

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