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San Cayetano Group
In this Group: Francisca Gabriela, Aurelia , Rosalia , Leonida , Virginia , Zulma , Nancy , Cergia , Gladys , Sixta *
* not pictured
The committee called San Cayetano is in the seventh cycle with 10 members. It is a group in the neighborhood that is close knit, caring and responsible. The members have a great entrepreneurial spirit, working every day to achieve their objectives. One of the members is Mrs. Zulma, who tells us that she sells clothes through her work and thanks to their pleasantness and good sales, has been able to bring up her family with great sacrifice. One of her goals is to have a big store in which to have a good amount of clothing to offer her customers. She enlists the help of the foundation and KIVA to buy clothing of all kinds, to stock up. She is grateful for this opportunity that is it given as it is very important to her.
View original language description ↓
El comité se denomina San Cayetano están en el septimo Ciclo con 10 integrantes, es un grupo que se destaca en el barrio por ser muy unidas, solidarias y responsable, las integrantes poseen un gran espíritu emprendedor, ya que trabajan día a día por conseguir sus objetivos.
Una de las miembros es la señora Zulma, quien nos cuenta que se dedica a la venta de ropas, por medio de su trabajo y gracias a su simpatía y buena venta ha podido sacar adelante a su familia con mucho sacrificio. Una de sus metas es tener una tienda grande en la cual pueda tener una buena cantidad de prendas para ofrecer a sus clientes.
Ella solicita la ayuda de la fundación y de kiva para la compra de prendas de todo tipo, para poder abastecerse. Agradece esta oportunidad que se le da, pues es muy importante para ella.

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
  • 96
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $2,125 loan helped a member to purchase clothing for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Dec 22, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012