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San Roque Group
In this Group: Hermelinda, Estanislaa , Gladys , Maria , Elida , Benita , Maria , Elva , Mirta , Cecilia , Mirtha , Deisy *, Gladys *
* not pictured
13 women from the city of Caacupé learned about a program for motivated women from the Fundación Paraguaya (the Paraguayan Foundation) and with great desire to get ahead they decided to join the group. They are heads of families who take on the task of bringing daily income to their homes. Currently they are in their second cycle of loans and they hope to reach the highest level, always working within a framework of respect and mutual assistance. Cecilia sells intimate apparel or lingerie, both for men as well as women. She is a very hard working woman and comments that thanks to the high quality of her garments she has been able to build a good client base that always buys clothing from her. This work helps her to take care of the daily expenses that come up. She is requesting a loan in order to purchase lingerie. With those purchases she will be able to stock her store and meet requests from clients as well as give her clients a bit more variety.
View original language description ↓
13 mujeres de la ciudad de Caacupé se enteraron acerca del programa de mujeres emprendedoras de la fundación paraguaya y con mucho deseo de progresar decidieron unirse. Ellas son jefas de familias que se encargan de llevar el pan de cada día a sus casas. Actualmente se encuentran en el segundo ciclo del programa y desean poder llegar al máximo nivel, siempre trabajando dentro de un marco de respeto y ayuda mutua.
Cecilia vende lencerías, tanto para hombres como para mujeres, ella es una mujer muy trabajadora y comenta que gracias a la buena calidad de prendas que tiene ha podido formarse una buena clientela que siempre compra de ella las prendas que vende. Este trabajo la ayuda en el día a día de los gastos que surgen.
Ella solicita el crédito para la compra de lencería, con lo cual podrá abastecerse y cumplir con pedidos de sus clientes y a la vez darles un poco más de variedad.

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
  • 68
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,380.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Roque Group's $2,150 loan helped a member to purchase lingerie to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Feb 25, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012