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San Lorenzo Group
In this Group: Olinda, Brigida , Sixta , Elida , Nancy , Epifania , Hilda , Juana , Leticia , Edilia , Maria , Prisca , Carmen , Justina
The San Lorenzo committee is made up of 14 women from the city of Carapeguá who wish to improve their quality of work. They are motivated in their businesses and have the desire and achievement to improve their incomes and lifestyle.

One of the occupations that Brigida, 43 years old, does every day is to sell medicinal herbs, which she sells every day from very early in the morning. Without a doubt, she is a woman with aspirations and the desire to get ahead through hard work and effort.

She is requesting a loan to buy natural remedies so that she can stock up and have a greater variety to offer to her customers. Brigida says she is grateful to be part of the Foundation’s program because it has been of much help to her.
View original language description ↓
El comité San Lorenzo está integrado por 14 mujeres de la ciudad de Carapeguá, quienes pretenden mejorar su calidad de trabajo ya que están motivadas en sus actividades con el deseo y logro de mejorar sus ingresos y estilo de vida.
Una de las ocupaciones que hace diariamente la Sra.Brigida de 43años de edad es la venta de remedios yuyos (Hierbas medicinales) las cuales vende todos los días desde muy tempranas horas del dia. Sin duda es una señora con aspiraciones y deseo de salir adelante por medio de su trabajo y esfuerzo.
Ella solicita el crédito para la compra de remedios naturales, con los cuales podrá abastecerse y tener mayor variedad para poder ofrecer a sus clientes. Brigida dice estar agradecida por formar parte del programa de la fundación, pues le ha sido de mucha ayuda.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Lorenzo Group's $2,700 loan helped a member to buy natural herbs for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2012
Listed
Mar 21, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012