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Santa Marta Group
In this Group: Encarnación, Marcia, Liz, Grisel, Cristi, Tomasa, Maria, Angelica, Arminda, Claudia, Maria, Nicanora, Maria, Rossana, Blanca*
* not pictured
The Santa Marta Women's Committee was formed in 2008 thanks to one of its members who contacted a loan officer who was working with a group in the same area. She found out about the Entrepreneurial Women's Committee Program and, once she had been advised about the program, she managed to get together 15 women who are working very happily on their eighth loan cycle. They are working jointly and in a supportive manner within the program.

This is an excellent group who, through their joint work, are continuing to work within the program.

Maria sells cosmetics. She has a good number of customers who are always placing orders with her. She is very happy with her work as she loves selling beauty products. Her work makes her good income with which she is able to cover her expenses.

Maria is requesting this loan to buy more cosmetics which will enable her to attract more customers.
View original language description ↓
El Comité de Mujeres de nombre Santa Marta, se conformó en el 2008, gracias a que una de las miembro había contactado con la asesora quien tenía un grupo en la misma zona. Se informó del Programa Comité de Mujeres Emprendedoras y una vez asesorada acerca del Programa logró juntar a 15 mujeres quienes se encuentran trabajando muy a gusto ya en el 8º ciclo, en forma conjunta y solidaria dentro del programa.
Es un excelente grupo, el cual gracias al trabajo solidario realizado continúan trabajando con el programa hasta estos días.
La Sra. Maria se dedica a la venta de cosméticos, ella posee ya una buena cantidad de clientas que siempre le hacen pedidos. Ella esta muy feliz con su trabajo, ya que le encanta vender productos de belleza. Su trabajo le genera buenos ingresos, con lo cual puede cubrir sus gastos.
Ella solicita el crédito para la compra de mas cosméticos, con lo cual podrá atraer a mas clientas.

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
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 3,935.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Marta Group's $4,150 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011