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San Cayetano Group
In this Group: Myrian Antonia, Maria, Nilda, Nansy, Placida, Ciriaca, Griselda, Ramona, Estela, Rosalina, Silvina, Maria, Carla, Justina
The “San Cayetano” committee has 14 women members living in the city of Curuguaty. They are women of scarce resources but they all have a steady activity. They meet with the goal of acquiring a loan to invest in their various activities. They are in their first cycle and are learning the value of communication and teamwork; they are receiving training and assessment and they are learning how to save for future eventualities.

Nansy is one of the group members; she sells all types of lingerie. She comments that she has both men and women customers who buy from her which produces good income.

Through this work she’s able to support her home and her family too so she’d like to continue investing in her business and is asking for a loan to buy lingerie for women and underwear for men to renew her stock. She, as well as her fellow group members, is grateful to the Fundación and to Kiva for this opportunity.
View original language description ↓
El Comité " San Cayetano" está conformado por 14 mujeres que residen en la ciudad de Curuguaty, son mujeres de escasos recursos, pero todas cuentan con una actividad fija, y se reúnen con el objetivo de adquirir el préstamo para invertir en sus respectivas actividades. Se encuentran en el Primer ciclo y están aprendiendo el valor de la comunicación y el trabajo en equipo, reciben capacitación y asesoramiento y aprenden a ahorrar para usos futuros.
Nansy, es una de las integrantes del comité, ella vende todo tipo de lencerías. Comenta que tiene clientes y clientas que siempre compran de ella, lo cual la trae muy buenos ingresos. Ella por medio de este trabajo logra mantener su hogar y también a su familia, por lo que le gustaría poder seguir invirtiendo en su negocio, por ello solicita el crédito para la compra de lencerías, tanto para hombres como para mujeres con lo cual podrá renovar su stock.
Ella al igual que sus compañeras está muy agradecida con la fundación y Kiva por esta oportunidad

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
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 4,185.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $1,875 loan helped a member to buy women's lingerie and men's underwear for subsequent resale.
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