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San Miguel Arcangel Group
In this Group: Isidora, Teofila, Juana, Blanca, Maria, Sandra, Olga, Teofila, Elva, Aurora
The members that make up the committee of San Miguel Arcángel work together and the majority of them sell typical foods.
They are asking for the loan to invest in making these foods that they sell at markets and trips around the neighborhood.
Thanks to their work they have been able to improve the quality of their lives while buying furniture, or in some cases making home improvements . They have also been able to help support their families.


One of the members is Isidora who sells foods such as empanadas (stuffed pastries) seafood salads, cutlets, hamburgers and more.
She sells the foods that she makes at markets or other places with many people, depending on the occasion.
She is asking for a loan to buy ingredients to purchase meat, vegetables, hamburger, and more.
View original language description ↓
Las integrantes que conforman el comité San Miguel Arcángel, trabajan en forma conjunta y la mayoría se dedican a la venta de comidas típicas.
Ellas solicitaron el crédito lo cual invirtieron en la producción de comidas típicas, que venden en ferias y torneos del barrio.
Gracias a los trabajos también han podido mejorar su calidad de vida mediante la compra de muebles o mejoras en las viviendas en algunos casos, además pueden ayudar a mantener a sus familias.
Una de las integrantes es la señora Isidora quien se dedica a la venta de comidas como empanadas, marineras, milanesas, hamburguesas y otros.
La venta de sus comestibles lo realiza en feria o en otros lugares con aglomeraciones de gentes dependiendo de la ocasión.
Ella solicita el préstamo para la compra de ingredientes para la compra de carne, verduras, hamburguesas, y otros.

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
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,720.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Arcangel Group's $1,725 loan helped a member to buy meat, flour, hamburger, cheeses, ham, different kinds of salts, vegetables, and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2010
Listed
Jul 23, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011