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San Vicente Group
In this Group: Rosana Rafaela, Justa , Magna , Rosa , Fidelina , Amalia , Fidelina , Carmen , Ambrosia , Adela
The “San Vicente” committee formed in 2011 and with much effort are now in their second cycle working together as a team in the program. Besides the independent work each does, they also carry out group activities to help each other out.

Justa sells milk, sheets and chickens. She comments that she works every day starting very early and thanks to her effort and sacrifice has been able to help her family and give them what they need.

She asks for the loan to buy milk and sheets to have stock available of what she sells and meet day to day customer demand.
View original language description ↓
El comité San Vicente se conformó en el año 2011 y con mucho esfuerzo ya se encuentran en el 2 ciclo, trabajando en forma conjunta y solidaria dentro del programa. Además del trabajo independiente de cada una, también desarrollan actividades en forma conjunta con lo que se ayudan las unas a las otras.
La Sra. Justa se dedica a la venta de leche, sábanas y gallinas, nos comenta que trabaja desde muy temprano todos los días, y que gracias a su arduo esfuerzo y sacrificio ha podido ayudar a su familia y darles lo que necesitan.
Ella solicita el crédito para la compra de leche y sabanas, con lo que podrá tener en stock los productos que vende y de esa forma poder cubrir la demanda de sus clientes de día a día.

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
  • 70
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,290.0
    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 buy milk and sheets to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012