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San Cayetano Group
In this Group: Antolina, Pabla , Delcy , Estela , Visitacion , Fatima , Antonia , Cecilia , Mercedes , Antonia , Mirian , Leorgina
The San Cayetano Group was formed by one of its 12 members, and they are currently in their second loan cycle for women in business with the Fundación Paraguaya. The have shown unity and solidarity amongst themselves. They are all very giving women of humble means. One of the members is Antolina, who shares with us that she has a small, but well-stocked, grocery store where her neighbors come to buy supplies. She says that she has very good sales, which lets her have the needed income to provide for her family. Antolina is asking for a loan to buy beverages, food, bread, and also fertilizer to stock her store. She is thankful for the opportunity that has been provided.
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El comité “San Cayetano, se conformo con la iniciativa de una de las miembros, actualmente se encuentran en el segundo ciclo de programa de mujeres emprendedoras de la fundación paraguaya, con doce integrantes. Ellas demuestran unión y solidaridad las unas con las otras. Todas ellas son mujeres muy sacrificadas,y de escasos recursos.
Una de las miembros es la señora Antolina, quien nos cuenta que tiene una despensa pequeña pero bien surtida, donde acuden sus vecinos para poder surtirse. Comenta que tiene muy buena venta, lo cual la ayuda a poder tener los ingresos necesarios para mantener sus familias.
Antolina solicita el crédito para la compra la compra de bebidas, comestibles, panificados y demás insumos necesarios para poder surtir su local. Agradece por la oportunidad que se le esta dando.

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
  • 4,325.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $1,925 loan helped a member buy beverages, food, bread, and fertilizer.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012