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San Cayetano Group
In this Group: Patrocinia, Mirna, Benigna, Bernarda, Griselda, Cynthia, Carmen, Mirna, Sonia, Gloria, Silvia, Maria
Patrocinia G. is the president of the group which works in retail. They want to invest their money to purchase clothing, shoes, sheets, pillows, and more in order to increase the variety of products they sell and increase their profits. Patrocinia is very happy with her current loan, because thanks to the Paraguayan Foundation (Kiva Field Partner), she has considerably improved her income.


This group of women meets in the city of Paraguarí to discuss their Women's Entrepreneur Group and they all seem very interested in the benefits provided by the program. The group is named San Cayetano because he is the patron saint of their community. The group is currently in its sixth loan cycle. All the members are very active individuals who want to invest their loan in their respective businesses and goals.

View original language description ↓
La Sra. Patrocinia G. es la presidenta de Comité, se dedica al comercio minorista. Desea invertir su dinero en compra de ropas, zapatillas, sábanas, almohadas, etc. para aumentar sus variedades de productos y obtener más ganancias, ella está muy feliz con el crédito obtenido, porque gracias a la Fundación Paraguaya ha mejorado considerablemente su ingreso.
En la ciudad de Paraguarí, coordinaron una reunión un grupo de señoras para comunicar sobre el programa Comité Mujeres Emprendedoras, les parecieron muy interesantes los beneficios brindados por el programa.
El comité lleva por nombre San Cayetano debido a que asi se llama el Santo Patrono de su comunidad, actualmente se encuentran en el sexto ciclo.
Todas las integrantes son personas muy activas, quienes desean invertir sus préstamos en sus respectivas actividades y objetivos.

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
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $28,827,025
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $1,950 loan helped a member to buy shoes, pillows, clothing, and sheets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Mar 20, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011