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Santa Lucia Group
In this Group: Maria Luz, Maria, Estela , Avelina , Cynthia , Teodosia , Porfiria , Myriam , Marcelina , Pablina , Adriana , Lucia , Eduvigis , Dalma , Juana , María , Lourdes
The Santa Lucía communal bank is in its 15th cycle of the Enterprising Women's Program of the Fundación Paraguaya. It has 17 members and is in the Asunción area. All of the members carry out productive activities. They also carry out activities that strengthen their camaraderie.

Lourdes is a very hard-working and creative woman. This can be seen in the beautiful costume jewelry that she makes. She has various kinds of jewelry, and she says that her customers really like the jewelry. This helps her a lot because she has good sales. She says that in the beginning it was a little difficult for her, but now she has a good clientele.

She is requesting the loan to buy pearls, sequins, thread, and other needed supplies to continue making the costume jewelry that she sells.
View original language description ↓
El comité “Santa Lucía” se encuentra en el décimo quinto ciclo del programa de Mujeres Emprendedoras de la Fundación Paraguaya, tiene 17 integrantes, de la zona de Asunción. Todas las integrantes ya realizan actividades productivas y también actividades que fortalecen su compañerismo.
Lourdes es una mujer muy trabajadora y creativa, y lo demuestra con los hermosos Bijouterie que hace. Tiene variadas clases de ellos y comenta que es muy gustado por sus clientes, lo que le ayuda mucho, pues tiene buena venta. Comenta que al principio le fue un poco difícil, pero que ahora ya tiene buena clientela.
Ella solicita el crédito para la compra de perlas, lentejuelas, hilos, y demás insumos necesarios para seguir haciendo los Bijouteries que vende.

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
  • $31,344,150
    Funds lent in using Kiva
  • 4,630.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Lucia Group's $4,150 loan helped a member to buy pearls, sequins, thread, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 25, 2012
Currency Exchange Loss:
Covered
Ended:
May 16, 2012