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Santa Teresa Group
In this Group: Juana, Graciela, Petrona, Maria, Norma, Aida, Norma, Juana, Ruth, Carmen, Claudia, Ninfa, Maria, Luciana, Gloria, Guillermina, Angelina*, Zulma *
* not pictured
The committee was formed in the neighborhood of Villa Bonita in the city of Villa Elisa. The committee currently consists of 15 members, all residents of the neighborhood. We'll focus on Juana M., who is the director of the committee. She's married and lives in her own home with her husband. She sells clothing for women, men, and children. Juana is very hardworking and she loves her home. She runs her business out of her house from a small sitting room where she displays her merchandise for her clients. She wants to expand her business by buying more varieties of clothing because spring is around the corner and she will use the rest of the loan to finish her house.
View original language description ↓
El comité se formo en el barrio Villa Bonita de la ciudad de Villa Elisa , el comité cuenta actualmente con 15 integrantes todas vecinas del barrio.
Hablaremos de Juana M. , quien es la Directora del Comité, ella es casada, vive en su propia casa , con su marido. S e dedica a la venta de Ropas , para mujeres, hombres y niños.
Juana , es muy trabajadora y hogareña .
Su negocio lo tiene en su casa en un pequeño salón donde expone sus mercaderias para los clientes.
Ella desea ampliar su negocio comprando más variedades de ropas ya que se acerca esta entrando la primaV. y el resto del crédito lo utilizará para terminar su casa.

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
  • 43
    View loans »
    Paraguay Loans Fundraising
  • $29,534,300
    Funds lent in using Kiva
  • 4,790.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Teresa Group's $4,150 loan helped a member purchase of clothing to sell and construction materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2010
Listed
Sep 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011