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San Marcos Group
In this Group: Elba Graciela , Nancy , Adorina , Bernarda , Elsa , Julia , Julia , Marina , Nilsa , Lelia , Marcelina
The “San Marcos” communal bank, with 11 members, is currently in its 6th loan cycle with the Fundación Paraguaya’s Program for Enterprising Women. The members of this bank are very active women, well known in the neighborhood for their unity and team work. Sra. Julia is a member who is fully dedicated to her work and to meeting her obligations. She spends every day weaving bedspreads in her home and has succeeded in supporting her family with this work. She tells us that everything she does is to provide a different life style for them.

Julia is requesting a loan to purchase yarn, needles, dyes and other items that she always uses in her woven goods. She explains that she sees in KIVA and Fundación Paraguaya a great opportunity for her to succeed.
View original language description ↓
San Marcos” fue denominado el comité y actualmente se encuentran en el 6º ciclo del programa de mujeres emprendedoras de la fundación paraguaya, con 11 integrantes. Son señoras muy activas y reconocidas en el barrio por el trabajo en equipo y por la unión.
La Sra Julia es una de las señoras que plenamente se dedica a su trabajo para cumplir con sus obligaciones su actividad de todos los días se basa en tejer colchas en su propia casa y por medio de este trabajo ha logrado mantener a su familia. Ella nos dice que todo lo que hace es por darle un estilo de vida diferente a todos los suyos.
Ella solicita el crédito para la compras de hilos, agujas, colorantes y demás, los cuales siempre utiliza para sus tejidos. Ella cuenta que ve en Kiva y fundación paraguaya una gran oportunidad para poder progresar.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,590.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Marcos Group's $2,550 loan helped a member to purchase yarn, needles, dyes and other supplies for her weaving.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Jan 23, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012