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San Miguel Group
In this Group: Maria Gloria, Ada, Virginia, Rosa, Amada, Lourdes, Julia, Alice, Benita
The Women's Committee named San Miguel was formed in 2010, through the development of one of its members. She told the neighbors about the Enterprising Women's Committee. She was able to get 10 women together at first. All of them work in the area. At present they are very pleased to be in their third cycle with the Fundación's program.

Julia has a small store with which she supports her family. Thanks to this business, she has been able to get ahead and grow little by little. She remarks that one of her dreams is to have a small supermarket.

She is asking for a loan to buy edibles, beverages, dairy products and other items to sell. With this she will be able to stock her store and offer more variety to her customers. She is grateful to the Fundación for the opportunity that it has given her. Getting the loan will be very helpful to her.
View original language description ↓
El Comité de Mujeres de nombre San Miguel, se conformó en el año 2010, mediante la promoción de una de las miembros, quien le comentó a las vecinas sobre el programa de Comité de Mujeres Emprendedoras, logró juntar a 10 mujeres en principio, todas ellas trabajadoras de la zona. Actualmente se encuentran trabajando muy a gusto dentro del tercer ciclo del programa de la Fundación.
La señora Julia tiene una pequeña despensa mediante la cual puede mantener a su familia, gracias a este negocio ella ha logrado salir adelante e ir creciendo poco a poco. Comenta que uno de sus sueños es poder ir ampliando su despensa y llegar algún día a tener un pequeño supermercado.
Ella solicita el crédito para la compra de comestibles, bebidas, lácteos y demás artículos para la posterior venta, con lo cual podrá abastecer su local y ofrecer más variedad a sus clientes. Agradece a la Fundación por la oportunidad que esta le da, pues de obtener el crédito le será 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
  • 90
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 3,890.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $1,875 loan helped a member to buy edibles, bevergaes, dairy products and other items to stock her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012