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Santa Rosa Group
In this Group: Luciana, Rafaela, Nerliz, Celsa, Maria Bernardita, Sila, Mirian, Lidia, Ana, Justina, Olga, Genoveva, Ramona, Mariza, Dania, Rosalba*, Juana*, Jacinta*
* not pictured
This committee of hard working women is called Santa Rosa and was formed on July 3, 2008. With lots of effort and motivation they are now in their 10th loan cycle, in a very united way within the program.

Aside from their individual work, they also work together to raise funds for the group.

One moving story is that Luciana B., who sells crafts, tells us that the loan and advice she’s been getting all these years from Fundacion Paraguaya, allowed her to greatly improve her business and its management.

She has a number of looms in her home, where she also has a large number of weaved items at good prices. This business helped her household financial situation improve greatly.

The activities with Fundación Paraguaya are very important for the members of the group, because they were able to develop their training as a team. It also raised their self esteem as working mothers.
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View original language description ↓
El comité de mujeres de nombre Santa Rosa se conformó en fecha 03 de julio del 2008. Con mucho esfuerzo y esmero se encuentran ya en el décimo ciclo, en forma conjunta y solidaria dentro del programa.
Además del trabajo independiente de cada una, también hacen trabajos en forma conjunta con el fin de contar con un capital dentro del grupo.
Una historia muy conmovedora es la de la Sra. Luciana B., quien se dedica a la artesanía, nos comenta que mediante el crédito y la asesoría recibida de Fundacion Paraguaya durante todos estos años, pudo mejorar bastante su actividad y su administración.
Ella posee varios telares en su domicilio, donde cuenta con gran variedad de productos y tejidos con precios muy accesibles, mediante este negocio la economía de la familia mejoró bastante.
Las actividades que realizan con la Fundación Paraguaya son muy importantes para las miembros de este grupo ya que pudieron desarrollar sus capacidades de trabajo en equipo, además de levantar su autoestima como madres trabajadoras.

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
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 4,000.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rosa Group's $4,975 loan helped a member to buy fabric and supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
May 1, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011