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San Blás Group
In this Group: Marina, Alejandrina , Cinthia , Claudia , Silvia , Rosalia , Bernada , Mercedes , Sonia , Norma , Teresa , Maria
The women of this commnual bank are frrom the city of Caacupe. The ladies of the San Blas communal bank are very hardworking people. They are very grateful to the Fundacion for all the support they have received as it has been a great help to them.

Señora Marina is the president. She is married and has children. She sells all kinds of food as well as meat. Marina says that she works every day from early in the morning so as to prepare the food she sells and also see to customers who come at an early hour to buy cuts of meat. One of her dreams is to have a large store where she can offer her customers a larger variety of products.

She is asking for the loan to buy cuts of meat with which to stock up and so have more meat in stock to be ready for the holidays which is when she makes more sales.
View original language description ↓
Las mujeres del presente comité son de la Cuidad de Caacupé, Las Sras. del comité de San Blas, son personas muy trabajadoras, ellas están muy agradecidas con la fundación, ya que les ha sido de suma ayuda todo el apoyo que han recibido.
La presidenta es la señora Marina, ella está casada y tiene hijos. Se dedica a la venta de comidas de todo tipo y a la vez también vende carne. Comenta Marina que ella trabaja todos días desde muy temprano para empezar a preparar los alimentos que vende y también para atender a los clientes que desde muy tempranas horas vienen a llevar cortes de carne. Uno de sus sueños es poder tener una gran tienda donde ofrecer más variedad de productos a sus clientes.
Ellas solicita el crédito para la compra de cortes de carne, con lo cual podrá surtirse y de esa forma tener más carne en stock y de esa forma estar preparada para las fiestas que es cuando más ventas tiene.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 4,360.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Blás Group's $1,875 loan helped a member to buy meat for subsequent resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 26, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012