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San Valentin Group
In this Group: Maria Bety, Nidia , Margarita , Jorgelina , Ramona , Angelina , Nimia , Fidelina , Mirian , Vicenta
The 'San Valentin' committee has ten [female] members who all come from the town of Santaní. They are all neighbors and friends from this town. All of the members have their own individual business activities which help them to support their families. They managed to create a group where they work as a team, within a framework of respect and mutual support.

One of the members of this committee is María, who raises and sells animals. This has been the source of support for her family for some time. Through her business, she manages to provide her family with the minimum conditions for a decent life without hardship. She tells us that it is very hard work as it requires a lot of physical effort.

María is requesting this loan to buy animals which she will later sell. She will also buy feed for the animals.
View original language description ↓
San Valentin es el comité integrado por 10 mujeres de la ciudad de Santaní. Todas ellas son vecinas y amigas de esa ciudad. Todas las integrantes del comité desarrollan actividades independientes, las cuales la ayudan con el sustento de su familia. Lograron formar un grupo que trabaja en equipo, siempre dentro de un marco de respeto y mutuo apoyo.
Una de las miembros es la señora María, ella se dedica hace un tiempo a la cría y posterior venta de animales. Este ha sido el sustento de su familia por un tiempo, con el mismo logra darles las condiciones mínimas para una vida digna y sin privaciones. Comenta que es un trabajo muy duro y sacrificado, pues requiere mucho esfuerzo físico.
Ella solicita el crédito para la compra de animales pequeños para la posterior venta y como así también alimento para los mismos.

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
  • 87
    View loans »
    Paraguay Loans Fundraising
  • $31,392,000
    Funds lent in using Kiva
  • 4,100.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Valentin Group's $1,800 loan helped a member to buy animals and animal feed.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012