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San Miguel Group
In this Group: Ines, Selva, Petrona, Gloria, Pablina, Maria, Soledad, Griselda, Maria, Agustina, Ana, Rogelia, Marilyn, Nery, Sara, Florentina, Graciela, Rocio
The San Miguel Committee was formed by a group of neighbors and friends from the city of San Lorenzo. They heard about the Program of Women Entrepreneurs and decided to gather together to form their own committee. There are currently 18 members. All of them work hard and responsibly. These female heads of household decided to find a way to provide for the daily needs of their children and their families.


Sra. Maria prepares and sells food. She has a small vending post at the market. Maria wakes up early in the morning and heads to work so that she can prepare and sell her dishes. Someday she hopes to expand her small vending post so that she can accommodate more customers.


Maria is requesting a loan so that she can buy everything she needs for preparing her dishes such as meat, chicken, vegetables, oil, eggs, and other items. She has faith that this loan will help her generate more income.

View original language description ↓
El comité San Miguel se formo entre un grupo de vecinas y amigas de la Ciudad de San Lorenzo. Escucharon hablar sobre el programa de mujeres emprendedoras y decidieron agruparse y formar su propio comité.
Actualmente cuenta con 18 miembros, todas ellas trabajan de forma ardua y responsable. Son mujeres jefas de familia que deciden ir en busca del pan de cada día para sus hijos y su familia.
La Sra. Maria se dedica a la producción y venta de alimentos, ella tiene un pequeño puesto en el mercado. Ella se levanta a muy tempranas horas de la mañana y se dirige a su puesto de trabajo para elaborar y luego vender los alimentos que ella realiza. Quiere, algún día poder agrandar su pequeño puesto para poder así tener mas clientes.
Solicita el crédito para la compra de todo lo que necesita para la elaboración de sus alientos como ser la carne, pollo, hortalizas, aceite, huevos y demás. Tiene fe de que por medio del credito podrá aumentar los insumos que tiene.

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
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 3,950.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $4,800 loan helped a member to purchase meat, chicken, vegetables, oil, eggs, and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Jul 5, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011