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San Blas De Arroyo Group
In this Group: Zunilda , Sonia, Clara, Nancy, Victorina, Karina, Venancia, Carmen, Maria, Maria, Marta, Josefina, Matilde, Gabina, Adriana, Nicolasa*
* not pictured
The ladies from this group are from the city of Caacupé where they are all friends and neighbors. They got together in an effort to generate extra income for their families. Currently there are 16 members and they are in their second cycle of the women entrepreneurs' program at the Fundación Paraguaya.

Mrs. Zunilda lives with her husband and children and works selling different types of food including empanadas (pies), sandwiches and croquettes. She says that thanks to her work she has been able to help her husband cover the household expenses and provide for their children. She hopes that one day they will become professionals and serve their society and community.

She is requesting a loan to continue her microbusiness, and will buy meat, chicken, vegetables, bread and other food ingredients. She is grateful to the Fundación for the opportunity to have access to a loan that will be very helpful to her.
View original language description ↓
Las mujeres del presente comité son de la ciudad de Caacupé, todas ellas son amigas y vecinas de esa ciudad. Todas ellas se organizaron con el propósito de poder generar mayores ingresos y de esa manera poder ayudar a sus familias. Actualmente cuenta con 16 integrantes, las cuales se hallan en el segundo ciclo del programa de mujeres emprendedoras de la Fundación Paraguaya.
La señora Zunilda vive con su marido e hijos, trabaja vendiendo diversos tipos de comidas rápidas, como ser empanadas, sandwish, croquetas y otros. Ella comenta que gracias a su trabajo ella ha podido ayudar a su marido en los gastos de la casa y en la manutención de los hijos. Desea que ellos algún día se conviertan en grandes profesionales que sirvan a la sociedad y a la comunidad.
Solicita el crédito como ayuda para seguir con su microempresa, para que pueda comprar carne, pollo, verduras, pan y demás para la elaboración de sus comidas. Agradece a la Fundación por la oportunidad que le da, pues de obtener el crédito le sera de mucha ayuda.

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
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 3,890.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Blas De Arroyo Group's $2,550 loan helped a member to buy meat, chicken, vegetables and other food ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012