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Santa Teresita Group
In this Group: Maria, Geronima, Maria , Liz , Faustina, Margarita, Gloria, Sandra, Rosa, Maria
This loan group is called Santa Teresita and is based in the city of Caacupé.

The group members came together as a result of Fundación Paraguaya´s Female Entrepreneurs program and they receive financial support from Fundación Paraguaya. They feel safe working on their own businesses, the income generated helps them support their families, and they can count on the help from consultants for their business plans.

Fundación Paraguaya´s Female Entrepreneurs program is currently on its sixth cycle, launching daily improvement and development projects for low income individuals. One of the members is Maria, who sells food she makes herself. She makes snacks every week; amongst the most requested are pasties, breadcrumbed meat and pies (all of them prepared with special seasonings, meat and flour dough). She requests a loan to buy the ingredients she uses to make the snacks, such as meat, seasonings, vegetables, oil, and others. Snacks are very popular and Maria goes to many places to sell then in order to obtain an income to support her family.
View original language description ↓
El presente comité de denomina de Santa Teresita y se encuentra en la ciudad de Caacupé.
Ellas se agruparon con el propósito de integrar el programa de Mujeres Emprendedoras de la Fundación Paraguaya.

Así ellas reciben el apoyo financiero que la Fundación Paraguaya les brinda, las integrantes se sienten seguras trabajando en sus propios negocios, lo que comercialmente realizan les ayudan al sustento familiar, para sus respectivos negocios necesitan de una previa y buena planificación en lo que ayudan los asesores.


A esta fecha operan con la fundación paraguaya en el ciclo número 6 del programa comité de mujeres emprendedoras, emprendiendo cada día proyectos de mejoramiento y desarrollo para personas de escasos recursos.
Una de las integrantes es la señora Maria quien se dedica
a la venta de comestibles elaborados por ella misma.
Ella cada semana elabora sus comestibles y entre los más vendidos se encuentra la empanada, la milanesa y marinera (todos elaborados con condimentos especiales con carne y masas de harina).
Ella solicita el prestamo para la compra de ingredientes que ella utiliza para la elaboracion de comestibles como, carne, condimentos, verduras, aceite, y otros.
Estos alimentos son muy consumidos por la gente y la señora Maria recorre muchos lugares para vender y así obtiene el ingreso para ayudar a su familia.

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
  • 132
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,725.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Teresita Group's $1,400 loan helped a member buy meat, oil, vegetables and other ingredients for her snaks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Aug 19, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011