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Sagrada Familia Group
In this Group: Angelina , Zunilda , Ana , Juanita , Hermelinda , Salustiana , Liz , Fortunata , Pastora , Laura , Angélica , Silveria , Nilda , Alba , Zulmira , Marciana , Raquelina , María , Margarita , Liz , Estela *, Ignacia *, Alberta *
* not pictured
This microfinance group was started by Ms. Laura B., an ex-member of the Mujeres Virgen del Carmen group. She got in touch with her friends and neighbors to form the Sagrada Familia group in the area.


This 23-member group is currently in its third loan cycle and is well-known in the neighborhood for being very united, supportive, and responsible. The same members have fundraisers like competitions, raffles, and social gatherings in which food is sold.


Ms. Angelina has been selling apparel on the streets, door-to-door, at open-air markets, and in various shops for many years. This is how she supports both her family and herself since she has no one else on whom to depend financially. She believes that we are all able to make our own living with or without sacrifice, but she recognizes that requesting loans is something that really helps people excel in their businesses, which is why she needs this loan from Kiva so that she can increase her merchandise. She would like to invest in purchasing pants, T-shirts, jackets, coats, etc.

View original language description ↓
El presente comité se inició por la señora Laura B., ex integrante del comité de Mujeres Virgen del Carmen. Ella contactó con sus vecinas y amigas para formar el comité "Sagrada Familia" en la zona.
El comité está en el Tercer ciclo con 23 integrantes, es un grupo que se destaca en el barrio por ser muy unido, solidario y responsable, las mismas integrantes realizan labores para la recaudación de fondos para el grupo como: Rondas, Polladas y Sorteos.
La sra. Angelina se dedica a la venta de ropas desde hace muchos años, lo hace de manera ambulante, por las casas, los mercados y tiendas varias, es el medio por el cual ella sustenta a su familia y a ella misma, pues no quiere depender de otra persona para mantenerse económicamente, cree que todos somos capaces de generar nuestros propios ingresos con o sin sacrificio, pero reconoce que solicitar créditos es un medio que las ayuda mucho a sobresalir en sus labores, por eso necesita del préstamo económico de Kiva, para poder aumentar la cantidad de ropas que ofrece a sus diversos clientes, quiere invertirlo en la compra de pantalones, remeras, camperas, abrigos en general, etc.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,050.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Sagrada Familia Group's $4,850 loan helped a member to purchase pants, jeans, jackets, caps, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Apr 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011