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San José Obrero Group
In this Group: María, Máxima, Dionicia, Cipriana, Liliana, María, María, Teresa , Edith, Zunilda, Balbina, María, Lucia, Lorena, Blanca, Laura, Ursulina, Sandra, Marciana, Ariana, Graciela
The San José Obrero Committee was initiated on December 1, 2008, thanks to its current Director General, María Justa F., who approached the adviser at a loan renewal meeting in her area to find out how the Women's Committee worked. Now on their sixth loan cycle, the members are very happy with the Program. They all work together, providing mutual support to achieve the goals they share.

Mrs. F. earns her living selling natural remedies. It's worth noting that natural medicines are in broad use among all Paraguayan families, for infusions taken in the morning and to treat many ailments, so they make for a profitable business. Mrs. F. earns a nice profit and would like to buy remedies in quantity in order to process and package them, which is why she is seeking a loan.
View original language description ↓
El Comité San Jose Obrero se conformó en fecha 01 de diciembre de 2008, gracias a que la actual Directora General la Sra. María Justa F. se acercó a la asesora en una Renovación de Crédito que la misma tenía en la zona, para averiguar de como funciona el programa de Comité de Mujeres, ya en el 6º ciclo, todas ellas muy contentas dentro del Programa.
Todas ellas están trabajando en forma conjunta y solidaria, ayudándose mutuamente para llegar a los objetivos en común que todas tienen dentro del grupo.
Una de las integrantes es la señora María F. quien se dedica a la venta de remedio naturales.
Cabe destacar que el uso de las medinas naturales en Paraguay es muy común en todas las familias mismo por el mate que se consumo en las mañanas y para el tratamiento de muchas enfermedades, por ello el negocio de los remedios naturales se vuelve muy rentable.
Ella obtiene buena ganancia por lo quiere comprar los remedios en gran cantidad procesarlo y envasarlos, para lo que solicita el préstamo.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $29,494,200
    Funds lent in using Kiva
  • 4,804.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San José Obrero Group's $4,050 loan helped a member to buy medicinal herbs wholesale for processing and packaging, as well as plastic containers, oilcloth, packing tape, and paper for labels.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2010
Listed
Apr 27, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010