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Santa Rosalia Group
In this Group: Maria Dora, Maria , Laura , Mirna , Ana , Jorgelina , Mariela , Otilia , Patricia , Maria
Santa Rosalia is the group formed by 10 women from the city of Caacupé. They are heads of household that struggle each and every day to give their families a better future. They are people that are not afraid of work, which is the reason they meet any challenge head on. Currently, the group is in its first cycle and learning to work together within an environment of mutual respect.

Ana dedicates herself to selling chipas, a traditional Paraguayan food. She comments that her sales are going well, given that chipas are popular items any time of the year. Thanks to the high quality of her products, she always sells out and has been able to form a well-defined client base.

She turns to Fundación Paraguaya and Kiva to request a loan, which she wants to invest into the purchase of starch, cheese, anise, lard, and other necessary supplies for making the chipas that she sells.
View original language description ↓
Santa Rosalia es el grupo formado por 10 mujeres de la ciudad de Caacupé, ellas son mujeres jefas de familia, que diariamente luchan por dar a sus familias un futuro mejor. Son personas que no tienen miedo al trabajo, es por ello que se animan a cualquier desafío. Actualmente el grupo se halla en el primer ciclo y están aprendiendo a trabajar juntas, dentro de un ambiente de respeto.
Ana se dedica a la venta de chipas, el cual es un alimento tradicional de paraguay. Comenta que tiene muy buena venta, ya que la chipa siempre es vendida en cualquier temporada del año. Gracias a la buena calidad de sus productos siempre vende todo y ya pudo formarse una clientela bien definida.
Ella acude a la fundación paraguaya y a kiva para solicitar un crédito, el cual desea invertir en la compra de almidón, queso, anís, manteca y demás insumos necesarios para hace la chipa 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

  • $4,555
    Average annual income
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,380.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rosalia Group's $1,275 loan helped a member purchase the necessary supplies for making chipas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 27, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012