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San Vicente Group
In this Group: Sofia Lorena, Lucrecia , Myrian , Nadia , Angelina , Fanny , Isabel , Idalina , Silvia , Leonarda *
* not pictured
The group San Vicente was formed by 10 women in the city of Santaní. They are currently working in an environment where they are getting to know each other and encouraging teamwork. They hope to get ahead in life with the help they and their families are getting from the Paraguayan Foundation.

Lucrecia is a hard-working entrepreneur who aspires to get ahead and has a great entrepreneurial spirit. By the way she works, you can tell she is committed.

Lucrecia has a bakery and sells all kinds of baked goods to her neighbors and the stores in the neighborhood. She tells us that thanks to her hard work, her business has grown and she wants to continue running it. She is requesting a loan to buy flour, salt, sugar, yeast, butter and other ingredients she needs to continue making bread.
View original language description ↓
San Vicente es el grupo formado en la ciudad de Santaní por 10 mujeres de esa ciudad. Actualmente ellas están trabajando dentro de un ambiente donde se están conociendo y también fomentando su trabajo en equipo. Desean poder salir adelante por medio de la ayuda que la fundación paraguaya pueda ofrecerles a ellas y a sus familias.
Lucrecia es una persona muy trabajadora, emprendedora y por sobre todo con muchas ganas de salir adelante y con un gran espíritu emprendedor, se nota por la labor que hace que es una mujer muy sacrificada. Lucrecia tiene una panadería, con la que surte con todo tipo de panificados a sus vecinos y a las despensas del barrio. Comenta que gracias a su trabajo ha crecido y quiere seguir haciéndolo.
Solicita el crédito para poder seguir con la producción de panes que tiene, es por eso que quiere comprar harina, sal, levadura, manteca y demás insumos necesarios para ello.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Vicente Group's $1,325 loan helped a member to purchase flour, salt, yeast, butter and other ingredients.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Apr 3, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012