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Santa Maria Group
In this Group: Rosalina, Blanca, Lorena, Natividad, Nelly, Antonia, Zulma, Sinforiana, Maria, Ubalda, Eusebia, Juana, Sonia, Luciana, Lourdes, Cristina, Catalina, Elena, Gladyz, Lucia*, Mirian*, Norma*, Nancy*
* not pictured
The committee is called “Santa María". They are in their seventh cycle, with 23 members. It is a group that stands out in the neighborhood because they are very close, supportive and responsible among themselves. All of them have different types of activities and some will start new work. They all have an entreprenurial spirit and work to raise funds for the committee, in case one of the members is in needs them.

One of the members is Rosalina, who sells beverages. She has a place where she sells the beverages and she tells us that on the weekend she has the highest sales. In addition, she tells us that the business really benefits her since selling beverages earns a good income and she wants to continue doing it. Her family helps her, especially on weekends, since she is open until very late.
View original language description ↓
El comité se Denomina “Santa María “están en el Séptimo Ciclo con 23 integrantes, es un grupo que se destaca en el barrio por ser muy unidas, solidarias y responsable entre ellas, todas ellas con diferentes actividades y otras que emprenderán una nueva labor, las mismas poseen un gran espíritu emprendedor, ya que realizan labores para recaudar fondos para el comité, el comité en caso de que alguna de las compañeras necesite.
Una de las integrantes es la señora Rosalina quien se dedica a la venta de bebidas.
Ella tiene un salón donde ofrece las bebidas que tiene para la venta y nos comenta que los fines de semana tiene la mayor venta.
Además comenta que el negocio le beneficia bastante ya que la venta de bebidas deja buena ganancia y quiere seguir con la misma.
Su familia le ayuda especialmente los fines de semana ya que abre su negocio hasta altas horas de la noche.

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
  • $28,140,525
    Funds lent in using Kiva
  • 4,900.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Maria Group's $3,625 loan helped a member to buy beverages such as soft drinks, wine, beer, and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 23, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011