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San Blás Group
In this Group: Mirian, Amelia, Eloisa, Francisca, Lourdes, Susana, María Felipa, Higinia, Elena, Juana, Silvia, Cynthia, Jorgelina, Nancy, María Gloria
The women of the San Blas Committee formed their group on December 19, 2007. With hard work and dedication they are in their 10th loan cycle with this program. In addition to their independent work, they create funds to have a bit of capital within the group, and to help each other reach their objectives they work very hard to financially support their families.

A very moving story is that of Sra. Juana Gonzalaez. She works bringing merchandise to Clorinda. She lives alone and works a lot. She is a woman who has scare resources, but thanks to the credit committee and her partners she believes she is capable of considerably improving her business and its manaagement. She tells us that this loan could help improve her income, and she wants to use it to purchase fruits, vegetables, bread, and vatious types of beverages.
View original language description ↓
El comité de mujeres de San Blas se formó el 19 de diciembre de 2007. Con trabajo duro y dedicación ya están en el décimo ciclo de sesiones, conjunta y solidariamente en el programa. Además de su trabajo independiente, crean fondos para tener algo de capital dentro del grupo y ayudarse para alcanzar sus objetivos, trabajan arduamente para apoyar financieramente a sus familias.
Una historia muy conmovedora es la de la Sra. Juana González. Ella se dedica a traer mercadería a Clorinda. Vive sola y trabaja mucho. Ella es una mujer de escasos recursos, pero gracias al comité de crédito y sus socias cree que es capaz de mejorar considerablemente su negocio y su gestión. Ella dice que este préstamo podría mejorar sus ingresos y quiere usarlo para comprar frutas, verduras, pan y todo tipo de bebidas.

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
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,580.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Blás Group's $3,300 loan helped a member to buy noodles, sugar, tea, rice, beverages, starch, corn, flour, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2011
Listed
Feb 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011