Check out some available loans that are similar to this one!
Santa Maria Group
In this Group: Encarnacion, Eulalia , Marcia , Griselda, Grisel, Clemencia, Tomasa , Cristi, Maria Cristina, Angelica, Jorgelina, Arminda , Graciela , Claudia, Maria Ramona
The Santa Marta Women's Committee was formed as of August 21, 2008, thanks to the current Finance Director Ms. Eulalia J.. Ms. J. contacted a consultant who had another group in the area, the Women Entrepreneurs Program Committee. Once advised about this other program, she managed to gather 15 women who are working jointly, comfortably and with solidarity in their 5th cycle of the program.

It's a great group thanks to the solid work already done and continued work with the program to this day.

They perform fundraising activities and help each other to reach the common goals of the group and Fundacion Paraguaya.

Encarnacion M., who is president of the group will invest the loan to buy sweets to sell.

Encarnacion is a street vendor, who works hard everyday on a route to schools, squares, sports fields to offer and sell her candies to earn a living.
View original language description ↓
El Comité de Mujeres de nombre Santa Marta, se conformó en fecha 21 de agosto del 2008, gracias a que la actual Directora Finanzas la Sra. Eulalia J., quien contactó con la asesora que también tenía un grupo en la misma zona, se informó del Programa Comité de Mujeres Emprendedoras y una vez asesorada acerca del Programa logró juntar a 15 mujeres quienes se encuentran trabajando muy a gusto ya en el 5º ciclo, en forma conjunta y solidaria dentro del programa.
Es un excelente grupo gracias al trabajo solidario realizado y continuan trabajando con el programa hasta estos días.
Todas ellas realizan actividades para recaudar fondos, se ayudan mutuamente para llegar a los objetivos en común que todas tienen dentro del grupo y con la Fundación Paraguaya.
Encarnacion M., quien es la presidenta del grupo, especificamente invertira el credito para la compra de Golosinas.
Encarnacion es vendedora ambulante, con mucho esfuerzo dia a dia recorre los colegios,las plazas, las canchas deportivas para ofrecer sus golosinas y asi ganarse la vida.

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
  • $30,204,950
    Funds lent in using Kiva
  • 4,804.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Maria Group's $1,525 loan helped a member purchase of ingredients for the preparation of food (meat, vegetables, flour, spices, eggs, etc), purchase of clothes, buy lingerie, buy ingredients for making cakes, buying fruit and vegetables, buying drinks, buying articles for making clothes, buying ingredients to make mass purchases of food for pigs, buy sweets, buy dry goods, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010