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Unidas De Saguazu Group
In this Group: Gonzalina, Eloisa, Marta, Dominga, Guillermina, María, Rosalia, Nilda, Ana, Bernarda, Norma, Emiliana, Concepción, Emilce, Lidia, Miryan, Gloria*
* not pictured
In the Saguazu zone in Yaguarón city, 23 km from the city of Paraguarí, there is a group of women who hope to improve their lives through the microfinance program offered by Fundación Paraguaya. The group meets in Saguazu, and all the members agree that the program is a unique opportunity for each of them.

The group is called Unidas de Saguazu ('United Women of Saguazu'), to represent the 17 remarkable women members who invest their loans in their businesses and come together in the spirit of mutual respect for one another. They are currently in their 8th loan cycle with an excellent credit history.

Emiliana needs a loan to buy feed for her pigs. She raises the pigs and later sells them, using the sales profit to meet daily household expenses. She struggles every day to keep her family out of poverty through her hard work.
View original language description ↓
En la zona denominada Saguazu, ciudad de Yaguarón a 23 Km. de la ciudad de Paraguarí, se reúnen un grupo de mujeres con el fín de mejorar sus ingresos sobre el programa ofrecido por la Fundación Paraguaya, es así que realizan la reunión, la cual les ha resultado una interesante oportunidad por lo que deciden conformar el comité.
El comité lleva por nombre Unidas de Saguazu por estar integrada por mujeres que siempre han trabajado unidas para todas las actividades, manteniéndose juntas bajo un marco de respeto mutuo entre todas, actualmente se encuentran en el 8vo ciclo con calificación excelente, integrada por 17 mujeres valientes quienes invierten sus créditos en sus actividades diarias.
La Sra. Emiliana necesita de este préstamo para la compra de alimentos de sus cerdos, ya que esto le permitirá comercializar luego y obtener así un ingreso que le ayude a solventar los gastos diarios. Ella es una mujer que lucha cada día para progresar de entre la pobreza en la que se encuentra.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,453,750
    Funds lent in using Kiva
  • 3,980.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidas De Saguazu Group's $3,450 loan helped a member to buy a feed-weighing scale for her pig raising business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 22, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011