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San Jose Group
In this Group: Maria Gloria, Lourdes , Elsa , Silvia , Maria , Elisa , Carmen , Marciana , Liduvina , Daysi , Ambrosia , Nilda
San Jose is the group formed in the city of Santaní, made up of 12 women, all of them friends and residents of that city. They are very hardworking and enterprising women, who always put out their maximum effort in order to give their families always the best. They wish to achieve the highest level of the program and that is why they work so hard.

Ambrosia is one of the members of this group. She earns a living as a street vendor, that is, she sells sheets, blankets, duvets/ comforters, bedspreads and other items in ambulatory fashion. She comments that her work is very demanding, since she must travel through the streets in order to be able to sell the products she has, whether it's hot or cold out.

She is seeking the loan in order to purchase sheets, duvets/ comforters, bedspreads and other items, with which she will be able to supply her business and thus be able to have more products to offer her customers.
View original language description ↓
San Jose es el grupo formado en la ciudad de Santaní, esta integrado por 12 mujeres, todas amigas y vecinas de esa ciudad. Ellas son mujeres muy trabajadoras y emprendedoras, que se esfuerzan siempre al máximo para poder dar a sus familias lo mejor siempre. Desean poder llegar al máximo nivel del programa, y es por ello que trabajan arduamente.
Ambrosia es una de las miembros de este grupo, ella se dedica al macate, es decir, vende sabanas, frazadas, edredones, colchas y demás, en forma ambulante. Comenta que es muy sacrificado su trabajo, pues debe recorrer las calles para poder vender los productos que tiene, haga frío o calor.
Ella solicita el crédito para la compra de sabanas, edredones, colchas y demás, con lo que podrá abastecerse y de esa forma poder tener más productos que ofrecer a sus 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

  • $8,400
    Average annual income
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Jose Group's $1,600 loan helped a member to purchase sheets, duvets/ comforters, bedspreads and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012