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San Miguel Group
In this Group: Tomasa, Antonia, Andrea, Tomasa, Trifina, Natalia, Luciana, Lourdes, Juana, Silvia, Hilaria, Jorgelina, Viviana, Segunda, Viviana, Isabel, Nancy
The San Miguel Women's Committee was formed in September 2007 by a group of 17 women. They are currently working very happily on their tenth loan cycle in a joint and supportive manner within the program. They say that they would like to continue working with the foundation as it has been very helpful to them.

One of the group's members, Natalia, sells underwear for both men and women. She has been in this business for some time and it makes her the income she needs to help with her household expenses. She says that the foundation have helped her a lot in her business and so she is requesting their help again through this loan which she will use to buy men's and women's underwear. This will enable her to continue with her sales. She is grateful for this opportunity that she is being given.
View original language description ↓
El Comité de Mujeres de nombre San Miguel, se conformó en septiembre del año 2007. Formaron un grupo de 17 mujeres quienes se encuentran trabajando muy a gusto ya en el decimo ciclo, en forma conjunta y solidaria dentro del programa. Ellas manifiestan que les gustaría seguir con la fundación, ya que les ha sido de mucha ayuda.
Natalia, una de las miembros, se dedica a la venta de lencería, tanto para hombres como para mujeres, negocio al que se dedica hace un tiempo, gracias al cual obtiene los ingresos necesarios para ayudar con los gastos de la casa. Comenta que la fundación la ha ayudado mucho en su negocio, por lo que solicita nuevamente su ayuda por medio del crédito para la compra de lencerías masculinas y femeninas, para poder seguir con sus ventas. Agradece por esta oportunidad que se le da.

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
  • $31,557,250
    Funds lent in using Kiva
  • 4,185.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $3,800 loan helped a member to buy men's and women's underwear for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012