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Santa Catalina Group
In this Group: Lilian Soledad, Damiana , Anacleta , De La Cruz , Estelvina , Miryan , Miryan , Manuela , Josefina , Maria
This committee is called 'Santa Catalina' owing to the fact that there is a chapel nearby. The group's members have pledged to keep their group united and work together within a framework of mutual responsibility. They are currently in their ninth loan cycle with an average rating. The group is made up of ten women who invest their loans in their respective business activities.

Manuela is one of the members of this group. She has a well-stocked grocery store where she provides goods to most of her neighbors and people in neighboring areas. She says that her business is doing very well because it is always very well stocked. For this reason, she has a very good customer base which helps her to keep her business running.

Manuela is requesting this loan to buy dairy products, drinks, baked goods, sugar, noodles and other supplies she needs to stock her business.
View original language description ↓
El comite lleva por nombre Santa Catalina, debido a que hay una capilla cerca de sus casas, han asumido el compromiso de mantener reunido el grupo y trabajar bajo un marco de responsabilidad mutua. Actualmente se encuentran en el noveno ciclo con calificación regular, integrada por 10 mujeres quienes invierten sus prestamos en sus respectivas actividades.
Manuela es una de las miembros del grupo, ella tiene una despensa bien abastecida con la cual provee a la mayoría de sus vecinos y los demás de las zonas aledañas. Comenta que le va muy bien debido a que siempre está muy bien abastecida y es por ello que ya tiene una muy buena clientela, lo que la ayuda a mantener su negocio.
Ella solicita el crédito para la compra de lácteos, bebidas, panificados, azúcar, fideos y demás insumos necesarios para seguir abasteciendo su negocio.

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
  • 4,380.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Catalina Group's $1,550 loan helped a member to buy products to stock her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Feb 25, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012