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San Antonio Group
In this Group: Gloria, Felicia, Blanca, María, Lucía, Clementina, Blásida, Estela, Zunilda, Norma, Mirian, Marlin, Lilian, Agustina, Wilda, Elvira*
* not pictured
This committee was formed thanks to the efforts of Sra. Mercedes, who is from Ciudad del Este. She learned about the program offered by Fundación Paraguaya and contacted her neighbors and friends about forming a local committee. What resulted was the formation of the committee named “San Antonio”, which currently has 16 members. They are participating in their third loan cycle.


All of the members have joined together so that they can generate more income to support their households. They do everything they can to create a better future for their families.


Sra. Lilian operates a beauty salon in the neighborhood where she lives. Through her efforts, she has been able to move forward and earn a little more income. Her beauty parlor has been a great help. She dreams of someday expanding her business so that she can accommodate more customers. Lilian is requesting a loan to buy supplies that are used in her salon such as gel, hair spray, and other products.

View original language description ↓
El comité fue formado gracias a que la señora Mercedes, de Ciudad del Este, al enterarse sobre el programa de la Fundación, contactó con sus vecinas y amigas para formar el comité en la zona. De esto surgió la formación del comité denominado San Antonio, el cual actualmente cuenta con 16 integrantes, las cuales se encuentran desarrollando en tercer ciclo.
Todas ellas se unieron con el propósito de generar mas ingresos para poder de esa manera llevar el pan a sus casas. Todo lo que hacen es con miras a un futuro mejor para sus familias.
La Sra. Lilian se dedica a la peluquería en el barrio donde vive, por medio de su esfuerzo a logrado salir adelante y poder tener un poco mas de ingresos, ya que la peluquería la ayuda mucho. Sueña con algún dia poder ampliar su negocio y asi tener mas capacidad para mas clientes.
Ella solicita el crédito para la compra de insumos para utilizarlos dentro de la peluqueria, como ser gel, spray para pelo y demás.

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
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $28,140,525
    Funds lent in using Kiva
  • 3,935.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Antonio Group's $2,950 loan helped a member to purchase supplies for her salon, such as gel and hair spray.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012