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Santa Isabel Group
In this Group: Lorenza Elva, Felicita , Nilda , Petrona , Ana , Ramona , Bernarda , Rebeca , Maria , Esther , Dalila , Enesta , Maria , Liz , Norma
The Santa Isabel committee comes from the city of San Lorenzo. Its membership consists of fifteen women, all of whom are friends and neighbors. They are part of a program for working women conducted by microfinance partner the Fundacíon Paraguaya and see this program as a great opportunity for them and their families to make progress in life.

Felicita is one of the members of the group. She has been selling ice cream for some time. She notes that she started with a small stand, but over time and thanks to her hard work, she has succeeded in increasing and improving her premises. Her dream is to keep her business growing, and for this reason, she is seeking a loan to buy ice cream so that she can increase her stock, since it is now the hot season, and she has lots of clients.
View original language description ↓
El comité santa Isabel es de la ciudad de San Lorenzo, esta integrado por 15 mujeres, todas amigas y vecinas de esa ciudad. Ellas forman parte del programa de mujeres emprendedoras de la fundación paraguaya, y han visto en ella una gran oportunidad de progreso para ellas y sus familias.
Unas de las miembros de este trabajador grupo es la señora Felicita, quien trabaja en la venta de helados, desde hace ya un tiempo. Ella comenta que empezó con un pequeña venta, pero que luego, con el correr del tiempo y gracias a su trabajo ha podido crecer y mejorar su local.
Su meta es poder seguir creciendo con su trabajo y en miras a ello es que solicita el crédito, para la compra de helados, con lo que abastecerá su stock, ya que es época de calor y tiene muchos clientes.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,453,750
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Isabel Group's $3,750 loan helped a member to buy ice cream for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Mar 21, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012