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Santa Lucia Group
In this Group: Justina, Mariana, Maria, Nilsa, Juana, Hilda, Rosa, Altagracia, Gladis, Nancy, Justina, Marina, Blanca, Guillermina, Antonia, Juana, Folra, Rosa*
* not pictured
The Santa Lucia Communal Bank was formed on November 17th, 2008, with 18 women. They are all friends and neighbors. They are working in their fifth cycle, and they are all very happy with the program. They work at different activities like selling fruits and vegetables, selling meat, selling sweets, selling large baskets, and selling charcoal, etc.

Justina is requesting a loan to buy chickens. She previously did other work, but because it did not go well for her, she wants to work selling chicken. She wishes to establish a business selling slaughtered chickens. At first she would sell to the neighborhood businesses. Then, she wants to have her own henhouse to raise, fatten, and sell the chicken herself. This will leave her with greater income.

She is grateful for the opportunity of the loan offered by the Fundación Paraguaya and Kiva, and she promises to devote herself to the maximum in her work.
View original language description ↓
El comité de nombre Santa Lucia se conformó en fecha 17 de noviembre de 2.008, con 18 mujeres todas amigas y vecinas, quienes se encuentran trabajando en el 5º ciclo todas ellas muy contentas con el programa.
Se dedican a diferentes actividades tales como venta de frutas y verduras, venta de carnes, venta de golosinas, venta de canasto, venta de ropas, venta de gallinas y huevos, venta de mandioca, venta de comestibles, venta de carbón, etc.
La señora Justina solicita un préstamo para la compra de gallinas, ella anteriormente realizaba otro trabajo pero como no le fue bien quiere dedicarse a la venta de gallinas.
Ella desea implementar la venta de gallinas faenadas y lo ofrecería en los negocios del barrio al principio, luego desea contar con sus propio gallinero para criar, engordar y vender ella misma ya este procedimiento le dejaría mayor ganancia.
Agradece por la oportunidad que le Brinda la Fundación Paraguaya y Kiva mediante el préstamo y se compromete en dedicarse al máximo a su trabajo.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,405,000
    Funds lent in using Kiva
  • 4,804.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Lucia Group's $3,625 loan helped a member buy chickens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2010
Listed
Apr 27, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010