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San Ignacio Group
In this Group: Delia, Sonia, Juana, Miguelina, Silvina, Benigna, Isabela, Mercede, Elizabeth, Celina, Carolina, Mazimiana, Felipa , Esmilce , Elva, Benigna, Martina, Maria, Rosana, Maria, Francisca
Mrs. Delia L. formed this committee after already being on one before. She formed this committee with neighbors and friends who live close together. They intially had 25 members, but lost a few members who moved to Spain. Despite this loss, they still have a group savings of 3,200,000 Gs or about $700 U$D. This group has been with the Fundación Paraguaya for over a year and are in their fourth cycle.

1 Delia L. G.- Plastic sales
2 Sonia E.- Clothing sales
3 Juana O.- Clothing sales
4 Miguelina V.- Fruit sales
5 Silvina D. S.- Clothing sales
6 Benigna B.- Clothing sales
7 Isabela E.- Clothing sales
8 Merecede B.- Clothing sales
9 Elizabeth G.- Clothing sales
10 Celina C.- Used shoe sales
11 Carolina V.- Manicure and pedicure
12 Maximiana F.- Vegetable sales
13 Felipa D. - Vegetable sales
14 Esmilce P.- Clothing sales
15 Elva C.- Cosmetic sales
16 Benigna C.- Clothing and shoe sales
17 Martina Z.- Undergarment sales
18 Maria A.- Perfume sales
19 Rosana G.- Clothing sales
20 Maria R.- Small grocery store
21 Francisca L.- Fruit sales

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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $32,360,900
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Ignacio Group's $3,100 loan helped a member purchase of merchandise for her store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jun 10, 2009
Jun 18, 2009
Currency Exchange Loss:
Oct 15, 2009