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San Buenaventura Group
In this Group: Feliciana, Digna, Sonia, Matilde, Hilda, Magdalena, Lourdes, Gloria, Rocio, Ada, Esmilde, Victoria, Diana, Fatima, Alejandra*, Gessica*, Isabel*
* not pictured
In the Peguajho area of the town of Paraguari a group of women met in order to familiarize themselves with the program offered by Fundación Paraguaya; as it seemed to be an excellent opportunity for them, they decided to meet again to discuss the structure of the group.
The group was named San Buenaventura for having been established on a date close to Paraguari’s Patron Saint’s celebration day. They commit to keeping together and to working in mutual respect of all the members, and they are currently working their sixth cycle with an excellent result.
Feliciana engages in selling food she herself prepares. She is a very self-sacrificing woman, but she desires to prosper together with her family. She works a lot in order to be able to punctually repay her debts, and she hopes the lenders will be able to help her through Kiva. If the loan is granted to her, she will invest it in the purchase of ingredients to prepare the food that she sells.
View original language description ↓
En la zona denominada Peguajho, ciudad de Paraguari, se reunieron un grupo de mujeres con el fín de interiorizarse sobre el programa ofrecido por la Fundación Paraguaya, resultándoles una excelente oportunidad, decidieron realizar la reunión para la conformación del comité.
El comite lleva por nombre San Buenaventura por haberse creado en fecha próxima a la celebración del día del Santo patrono de dicha ciudad, ellas se comprometen a mantenerse unidas y trabajar bajo un marco de respeto mútuo entre todas, actualmente se encuentran en el sexto ciclo con calificación excelente.
La sra. Feliciana se dedica a vender comestibles preparados por ella misma, es una mujer muy sacrificada pero desea poder prosperar junto con su familia, trabaja mucho para poder pagar sus deudas en tiempo y forma, ella espera que los inversionistas puedan apoyarle económicamente mediante Kiva. Si se le otorga el crédito lo invertiría en la compra de insumos para la preparación de los comestibles que luego vende.

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
  • $28,602,050
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Buenaventura Group's $3,425 loan helped a member to buy ingredients to preare meals to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2011
Listed
Mar 20, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011