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San Juan Group
In this Group: Antonia De Jesus, Matías, Cristina, Juana, Lucí, Blanca, Eulalia, Luisa, Cecilia, Fidelina, Blanca
The “San Juan” committee has 11 members who are all friends and neighbors from the city of Curuguaty. They joined together in order to generate wellbeing for all of them because they hope to make progress in their enterprises and they think the Fundación will help them much.

Matías is one of the group members; she has a grocery store that’s well stocked and because of this she always has a good number of customers. She comments that this is her main means of support so she’d like to be able to continue investing in it.

She asks for the loan to buy canned goods, sugar, herbs, pasta and others to stock her store. She thanks the Fundación and Kiva for the help.
View original language description ↓
El comité San Juan tiene 11 integrantes, todas ellas amigas y vecinas D. la ciudad D. curuguaty. Ellas se unieron con el propósito D. generar un bien para todas ellas, ya que desean progresar en sus emprendimientos y piensan que la fundación les ayudará mucho.
La señora Matías es una D. las integrantes, ella tiene una despensa, la cual está bien surtida, por este motivo es que siempre tiene buena cantidad D. clientes. Ella comenta que este es su principal medio D. subsistencia por lo que le gustaría poder seguir invirtiendo en el.
Ella solicita el préstamo para la compra D. enlatados, azúcar, yerba, fideos y demás con lo que podrá abastecer su local. Agradece a la fundación y a kiva por la 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
  • 67
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 4,185.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Juan Group's $1,475 loan helped a member to buy canned goods, sugar, herbs, noodles and others.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2011
Listed
Nov 2, 2011
Currency Exchange Loss:
Covered
Ended:
May 16, 2012