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San Miguel Group
In this Group: Noelia, Sofia, Epifania , Elizabeth , Veronica , Mercedes , Mirian , Nericia , Feliciana , Maria , Rossana , Elida , Lidia , Maria , Maria , Gloria , Noris , Alba , Mirta *, Normalicia *, Estela *
* not pictured
This neighborhood group is from the City of San Lorenzo, and the members of the group set out as their main objective the financial growth of each member, through working as a team. These members are recognized in their city as hard-working, united and dedicated women.

Señora Noelia is the president of the group and is married with three children, and is an enterprising and innovative woman. She makes a living selling all kinds of household items, such as sheets, blankets, pillowcases, and quilts among other bedding products. Thanks to this job, she helps her husband with the daily costs to maintain her home. One of her goals is to have a store where she can offer her products to her customers.

She is requesting this loan to be able to stock up with more products to sell, such as sheets, blankets, and pillowcases among other things, with which she will be able to meet her customer's needs. All of the members are thankful for the the opportunity that Kiva gives them.
View original language description ↓
Este comité es de la Ciudad de San Lorenzo, las integrantes del comité fijaron como objetivo principal el crecimiento de cada una de ellas, por medio del trabajo en conjunto. Las mismas son reconocidas en el lugar como mujeres muy trabajadoras, unidas y luchadoras.
La Sra. Noelia, es la presidenta del grupo, ella es casada, tiene 3 hijos, es una mujer muy emprendedora e innovadora. Ella se dedica a la venta de todo tipo de artículos, como ser sabanas, frazadas, fundas edredones y demás, y gracias a este trabajo ella ayuda a su marido con los gastos diarios de la casa. Una de sus metas es tener un local donde pueda ofrecer a sus clientes sus productos.
Ella solicita el crédito para poder surtirse con más productos de los que vende, como ser sabanas, frazadas, fundas y demás, con lo que podrá cumplir con sus clientes. agradecen todas por la oportunidad que les da la fundación y kiva.

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
  • 132
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,360.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $3,200 loan helped a member to purchase sheets, blankets, pillowcases, and quilts among other bedding products.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2011
Listed
Dec 27, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012