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Espiritu Santo Group
In this Group: Cristina, Daisy, Lorenza, Ada*, Leonarda, Maria, Antonia, Alcida, Rosa, Raquel, Lidia, Mary, Liz, Rosalina*, Liliana, Beatriz, Emiliana, Maria , Ada
* not pictured
In order to form this group, Pablina Mallorquín, who lives in the 7th kilometer of the Murucuyá neighborhood of C.D.E, contacted her friends and neighbors to form the group in her neighborhood. The group is called “Espíritu Santo” (Holy Spirit). It is in its 8th cycle, and is made up of 19 members. This group is known it the neighborhood as being united and very responsible. They have savings that they use for activities such as birthday celebrations for the members, drawings, and different activities.

Cristina is one of the members. She is an artisan and very active. She’s been doing this for several years and makes a variety of craft items, such as embroidered slippers, thermos covers, and other things. Her products are in high demand because of their quality and she also exports to France. She is very proud of that fact.

She is asking for this loan to buy supplies such as fabric, thread, colored inks, glues, and other things.
View original language description ↓
Para la formación el presente comité inicio la Señoras Pablina Mallorquín domiciliada en el km 7 Barrio Murucuyá de _C.D.E. Ella Contacto con sus vecinas y amigas para formar el comité en su Barrio.
El comité se Denomina” Espíritu Santo “ están en el octavo Ciclo con 19 integrantes , es un grupo que se destaca en el barrio por ser muy unidas solidarias y responsable entre ellas , las mismas poseen un ahorro, realizan incentivos para acontecimientos como cumpleaños de las integrantes, sorteos y actividades diversas .
Una de las integrantes es la señora Cristina quien es artesana una señora muy activa y muy dedica a todas sus actividades.
Ella se dedica a esta actividad hace varios años y realiza artesanía de todo tipo así como bordados en zapatillas, forrados de termos, ao po´i y otros.
Sus productos son muy solicitados por la calidad que tienen, además ella fábrica para exportar a FRANCIA las artesanías que ella elabora y siente muy orgullosa por ello.
Ella solicita el préstamo para la compra de materia prima para la elaboración de sus artesanías como telas, hilos, tintes para colorear, colas, 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

  • $4,555
    Average annual income
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,790.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Espiritu Santo Group's $2,700 loan helped a member supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011