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San Agustín Group
In this Group: Eugenia, Mirtha, Andrea, Norma, Teresa, Epifania, Gloria, Sandra, Marciana, Ylda, Marcia, Maria, Julia, Liliana, Olga, Estela, Demetria, Claudia*, Graciela*
* not pictured
The “San Agustín” committee was formed when several neighbors and friends from the city of Mariano Roque Alonso joined together. All the group members carry out activities that foment mutual cooperation and development of each of them. The members formed a very united group that’s able to carry out group activities that strengthen their companionship.

Mirtha is one of the group members. She sells clothes and lingerie. She’s a very creative woman and always brings very beautiful, good quality items of clothing. She comments that through her work she’s been able to raise her family because it helps her meet household expenses. She has a very united family with three children and her husband.

She requests the loan to buy clothes for subsequent resale since she has many pending orders and she’d like to fulfill them for he customers.
View original language description ↓
El comité San Agustín se formó con la unión de varias vecinas y amigas de la ciudad de Mariano Roque Alonso. Todas las integrantes del comité desarrollan actividades que fomenten la mutua cooperación y el desarrollo de cada de ellas. Las integrantes formaron un grupo muy unido y capaz de realizar conjuntamente actividades que fortalecen su compañerismo.
La Señora Mirtha es una de las integrantes del comité, ella se dedica ala venta de ropas y lencería. Ella es una señora muy creativa y siempre trae prendas muy lindas y de muy buen calidad. Ella comenta que por medio de su trabajo ha logrado sacar adelante a su familia, ya que ayuda en los gastos de la casa. Ella tiene una familia muy unida con 3 hijos y su marido.
Ella solicita el crédito para la compra de prendas para la posterior venta, pues tiene muchos pedidos y le gustaría poder cumplir con sus clientes

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
  • 3,975.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Agustín Group's $3,500 loan helped a member to buy clothes for subsequent resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012