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San José Obrero Group
In this Group: Francisca, Nidia, Alfreda, Zulma, Nidia, Mirian, Lourdes, Angelin, Teodora, Andreia, Maria
The communal bank San Jose Obrero consists of 11 members from the city of Curuguaty. They are currently in their 2nd cycle and have achieved this by working responsibly. As such they always come out in front with solidaity and unity amongst all. They describe themselves as very hardworking, self-sacrificing and very responsible people in meeting their obligations.

One of the members is Señora Francisca. She is a very hardworking woman whose working day starts very early. She has a store well stocked with all kinds of products. She says that she has a lot of customers as most of the people in the neighbourhood frequent her business. What helps her sell is her friendly manner with the customers. She wants to be able to grow slowly and in this way help her family.

She is asking for the loan to buy groceries, beverages, meat and other products to stock up her store to meet the demands of her customers. She is grateful to the Fundacion as obtaining the loan will be a great help to her.
View original language description ↓
El comité San Jose Obrero está conformado D. 11 integrantes D. la ciudad D. Curuguaty. Actualmente están en el segundo ciclo, y lo han logrado trabajando con responsabilidad y así salir siempre adelante con solidaridad y unión entre todas. Ellas se definen como personas muy trabajadoras, sacrificadas y muy responsables en cuanto al cumplimiento D. sus obligaciones.
Una D. las miembros es la señora Francisca, ella es una mujer muy trabajadora que desD. muy temprano empieza su jornada laboral. Ella tiene una despensa bien surtida con todo tipo D. productos. Comenta que tiene muchos clientes, pues la mayoría D. las personas del barrio van hasta su negocio. Lo que la ayuda en las ventas es su amabilidad para con los clientes. Desea poder ir creciendo paulatinamente y D. esa forma ayudar a su familia.
Ella solicita el crédito para la compra D. comestibles, bebidas, carne y otros para abastecer su local, con lo cual podrá cumplir con la demanda D. sus clientes. Está agradecida con la Fundación, pues D. obtener el crédito le será D. gran 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

  • $4,555
    Average annual income
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 3,940.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San José Obrero Group's $2,025 loan helped a member to buy groceries, beverages, meat and other products to stock her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Oct 2, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012