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San Cayetano Group
In this Group: Isabel, Lourdes , Zulma , Juana , Mirta , Elba , Raquel , Norma , Florentina , Selfa , Silvia , Gricelda , Luisa , Elisa , Rosana *, Estanislaa *
* not pictured
The communal bank "San Cayetano” was formed by various neighbors from the city of Santaní. All of the members of the communal bank have independent businesses, but they also do activities that foster their friendships.
Isabel is the president of the communal bank, and she tells us that she really wants to be able to get ahead through the Foundation's program for entrepreneurial women. Isabel makes her living raising and selling animals such as cattle, pigs, goats etc. And thanks to this work, she is able to help her family and meet their daily needs. Her family never wants for anything.
Isabel is requesting the loan to purchase feed for her animals, as she doesn't want them to go without. The feed is a very important supply for her. Isabel is grateful for the opportunity she has been given with the loan; it will be a great help to her.
View original language description ↓
El comité “San Cayetano” se formó con la unión de varias vecinas de la ciudad de Santaní. Todas las integrantes del comité desarrollan actividades independientes, pero también hacen actividades para poder fomentar su compañerismo.
Isabel es la presidenta del grupo, y ella nos comenta que tiene muchas ganas de poder salir adelante por medio del programa de mujeres emprendedoras de la fundación. Ella se dedica a la cría y venta de animales, como ser vacas, cerdos, cabras y demás. Y es gracias a este trabajo que ella puede ayudar a su familia y darles todo lo que necesitan para el día a día, y que de esa forma no tengan que pasar por ninguna necesidad.
Ella solicita el crédito para la compra de alimento para sus animales, ya que no quiere que les falte, pues es un insumo muy importante para ella. Agradece por esta oportunidad que está recibiendo, pues le será 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
  • 42
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $3,250 loan helped a member to purchase animal feed.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 29, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012