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San Cayetano Group
In this Group: Amada , Silvina , Isbel , Luciana , Ester , Priciliana , Francisca , Leonida , Mirian , Ancelma , Melania , Maria , Isabel , Librada , Celia *, Ulvina *, Juana *
* not pictured
The “San Cayetano” women’s committee was formed with much effort from the members. They are in the second cycle working together and in a mutually supportive way in the program. Besides the individual work of each one of them, they also carry out joint activities to raise funds to have group capital; they also help each other reach their objective which is to work to help their families economically.

A moving story is Amada’s who sells vegetables. She comments that the previous loan made it possible for her to improve her business, her standard of living and her income quite a bit. She also comments that through this business the family’s economy improved quite a bit since she also supports her elderly father and her three children.

She is once again asking help from Fundación Paraguaya to buy vegetables to stock up and meet customer demand.
View original language description ↓
El Comité de Mujeres de nombre San Cayetano se conformó con mucho esfuerzo de las integrantes. Ellas se encuentran en el 2 ciclo, trabajando en forma conjunta y solidaria dentro del programa. Además del trabajo independiente de cada una, también desarrollan actividades en forma conjunta para recaudar fondos con el fin de contar con un capital dentro del grupo, a la vez se ayudan mutuamente para llegar a los objetivos que es la de trabajar para apoyar económicamente a sus familias.
Una historia muy conmovedora es la de la Señora Amada quien se dedica a la venta de verduras. Nos comenta que mediante el crédito anterior pudo mejorar bastante su actividad y su nivel de vida e ingreso económico . Además de eso nos comenta que mediante este negocio la economía de la familia mejoró bastante ya que ella mantiene a su padre anciano y a sus 3 hijos.
Solicita de nuevo la ayuda de Fundación Paraguaya para al compra de verduras, para abastecerse y cumplir con la demanda de 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

  • $8,400
    Average annual income
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,150.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $2,275 loan helped a member to buy vegetables for subsequent resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012