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Santa Maria Group
In this Group: Laura, Daisy, Celia, Perla, Idilia, Castorino, Gladyz, Nilda, M. Celeste, Angela, Daniela, Rosa, Blanca, M. Del Carmen, Baldovina
The Santa Maria Women's Committee was set up on July 10th, 2008. With a lot of hard work and care, they are now in their 9th loan cycle, working supportively together within the program. As well as working independently, the group's members also work to make funds so that the group itself has some capital and they help each other to achieve their goals, their main goal being to work to support their families.

Angela C.'s is a very moving story. She is a lady who is in a wheelchair and whose business is crocheting. When she started working with Fundación Paraguaya she didn't have a wheelchair and she couldn't leave her house because of her disability. Thanks to her loan and her fellow committee members she was able to greatly improve her business and her running of it.

Angela tells us that thanks to her loan she was able to improve her family's finances. They currently have not only the income from her work but also an income made as a comedian on the radio.

Angela is requesting this loan to buy candy and cell phone credits because she would like to carry out other business activities as well as her crocheting. Angela says that the activities that the women do with Fundación Paraguaya are very important since they have helped them to develop their working capacity and also lifted their self-esteem as working mothers.
View original language description ↓
El comité de Mujeres de nombre Santa Maria se conformó en la fecha 10 de julio del 2008 con mucho esfuerzo y esmero ya en el 9° ciclo, en forma conjunta y solidaria dentro del programa.
Ademas del trabajo independiente de cada una, también fondos con el fin de contar con un capital dentro del grupo,a la vez se ayudan mutuamente para llegar a los objetivos que es la de trabajar para apoyar economicamente a sus familiares en especial.
Una historia muy conmovedora la de la Sra Angela C. ella es una señora que esta en silla de ruega y se dedica a hacer croche cuando comenzo con la Fundación ella no tenia silla de rueda y no podia salir por la incapacidad que tenia y gracias al Credito y a sus compañeras de comite pudo mejorar bastante su actividad y su administracion.
Ella nos comenta que mediante este credito pudo mejorar la economia de la familia actualmente poseen ademas del ingreso de su trabajo un ingreso como humorista en la radio.
Actualmente solicita el préstamo para la compra de golosinas y minicarga ya que ademas de su croche quiere hacer otras actividades.
Según la Sra Angela C. menciono que las actividades que realizan con la Fundacion Paraguaya es muy importante ya que pudimos desarrollar nuestras capacidades de trabajo, ademas de levantar nuestra autoestima como madres trabajoras.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,392,000
    Funds lent in using Kiva
  • 4,600.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Maria Group's $3,450 loan helped a member to buy candy and cell phone credits.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2010
Listed
Dec 15, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011