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San Sebastian Group
In this Group: Ramona , Mariza, Ana, Estela, Mirian, Graciela, Gorgoria, Martina, Dacci, Daicy, Eligia , Mariana
San Sebastián is the communal bank formed by 11 very hardworking women, fighters from the city of Villa Ygatimi. All of the women are heads of household who struggle to support their families every day. They saw in the Fundación Paraguaya program an excellent opportunity for progress. They are currently in the first loan cycle of the program for women entrepreneurs, but they would like to be able to go beyond this.

One example of struggle is Ramona, who raises and sells animals, like chickens and pigs. She says she is very selfless in her work, since she has to be devoted to the animals she raises, so they don't get any illness or have any problem. She says this work has helped her a lot to grow and help her family.

She is requesting the loan to buy young chickens and pigs to raise and later sell, since she wants to continue progressing and growing in her business.
View original language description ↓
san Sebastian es el comité integrado por 11 mujeres muy trabajadoras y luchadoras D. la ciudad D. Villa Ygatimi, todas ellas son mujeres jefas D. familia, que día a día luchan por el sustento D. su familia. Ellas vieron en el programa D. la fundación paraguaya una excelente oportunidad D. progreso. Actualmente se encuentran en el primer ciclo del programa D. mujeres emprendedoras, pero les gustaría poder ir más allá.
Un ejemplo D. lucha es la señora Ramona, quien cría y venD. animales, como ser gallinas, cerdos. Comenta que es muy sacrificado su trabajo, pues debe estar pendiente D. los animales que cría, para que los mismos no tengan ninguna enfermedad o problema. Comenta que este trabajo la ha ayudado mucho para crecer y ayudar a su familia.
Ella solicita el crédito para la compra D. gallinas y cerdos pequeños para la cría y posterior venta, pues ella quiere seguir progresando y creciendo con su negocio.

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
  • 68
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Sebastian Group's $1,575 loan helped a member to buy pigs and chickens to raise and later sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Covered
Ended:
May 16, 2012