Check out some available loans that are similar to this one!
Santa Ana Group
In this Group: Blanca, Virginia, María Estela, Claudia, Amalia, Lilian, Romy, Mercedes, Amalia, Luci , Porfiria, Mirna, Mariela, Juana, Amalia, Mirtha*, Maria*
* not pictured
Señora Carolina C. initiated the formation of the present community bank. She contacted her neighbors and friends to form the bank in this district. The bank is called "Santa Ana" and it is in its 4th loan cycle, with 21 members and their respective business activities. They are very united, responsible, and supportive of each other.


Señora Blanca is one of the members. She has a business in order to generate income and help her family. She sells clothing. She does this as a door-to-door vendor, visiting her customers. These customers are employees of different factories, who pay for their purchases on a monthly basis. She acquires her merchandise according to the orders she receives from her customers, and this is why she is applying for the loan. In addition, the winter season is coming, and she wants to restock her merchandise by purchasing jackets and other types of overcoats and pants.

View original language description ↓
Para la formación el presente comité inició la Señora Carolina C. quien contactó con sus vecinas y amigas para formar el comité en dicha zona.
El comité se Denomina “Santa Ana”, están en el Cuarto Ciclo con 21 integrantes y sus respectivas actividades productivas, son muy unidas responsables y solidarias entre ellas.
La señora blanca es un de las integrantes y tiene una actividad para generar los ingresos de esa manera ayudar a su familia.
Ella se dedica a la venta de ropas, esta actividad lo realiza de forma ambulante visitando a los clientes, este grupo lo conforman empleados de distintas fábricas quienes pagan por las prendas en forma mensual.
Ella adquiere las mercaderías de acuerdo a los pedidos que recibe de los clientes, por los mismo solicita el crédito. Además se acerca la época de invierno y quiere renovar sus prendas comprando camperas y otros tipos de abrigos y pantalones.

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

  • $4,555
    Average annual income
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,782.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Ana Group's $3,025 loan helped a member buy clothing for winter, such as overcoats, jackets, and pants.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2010
Listed
Apr 26, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010