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Santa Rita Group
In this Group: Dora Elizabeth, Celsa , Gloria , Lorena , Arminda , Vanessa , Estela , Albina , Natalia , Maria Jose, Maria Lucia, Celina , Isidora , Selva
“Santa Rita” is the group formed in the city of Luque by 14 women from this city. All of them are neighbors and friends who through their work want to be able to help their families and give them a better lifestyle that way.

Dora sells food. She’s married to Julio and they have six children living with her. She asked for the loan to buy meat, vegetables, eggs, bread, etc. to continue making the food she sells. Dora’s goal is to gradually expand her business to increase sale of other things.
View original language description ↓
Santa Rita es el grupo formado en la ciudad de Luque por 14 mujeres de esa ciudad, ellas son todas amigas y vecinas que por medio del trabajo de todas ellas desean poder ayudar a sus familias y darles de esa forma un mejor estilo de vida.
La Sra. Dora se dedica a la venta de comestibles, está casada con el señor Julio, tienen 6 hijos, que viven con ella. Ella solicitó el crédito para la compra de carne, verduras, huevo, pan, etc., con lo cual podrá seguir haciendo las comidas que vende. Dora tiene como meta ir agrandando su negocio, para ir ampliando más la venta de otras cosas.

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
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rita Group's $2,275 loan helped a member to buy meat, vegetables, eggs, bread, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012