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Santa Lucia Group
In this Group: Pelagia Aidee, Norma , Selva, Jorgelina, Eugenia, Mercedes, Gladis, Emilia, Ignacia, Maria, Antonia, Graciela, Mirian, Sonia, Alicia, Lucia, Ilsa, Maria
The women of the Santa Lucia communal bank decided to join this beneficial project that the Fundación Paraguaya offers. They all have their enterprises, but they also do activities together, which foster their camaraderie, and they help each other.

Isla is one of the members. She is a hard-working and tenacious person. She always puts forth great effort to help her loved ones so that they will not want for anything. She says that she sells second hand clothes. Her sales are increasing because lately people prefer this clothing because it is inexpensive. Isla’s dream is to be able to have a big store. This way she would have a bigger place to sell her products.

She is requesting the loan to buy second hand clothes like t-shirts, shirts, jeans, and others. With this merchandise she will be able to stock her business. This way she will continue offering a variety to her customers.
View original language description ↓
Las mujeres del comité Santa Lucia decidieron unirse a este provechoso proyecto que ofrece la Fundación Paraguaya. Todas ellas cuentan con sus emprendimientos pero también hacen actividades juntas con las cuales fomentan su compañerismo y se ayudan las unas a las otras.
Ilsa es una de las miembros, ella es una persona muy trabajadora y luchadora, que siempre se esfuerza por ayudar a los suyos y que no les falte nada. Ella comenta que se dedica a la venta de prendas de segunda, cuya venta va en ascenso, ya que las personas últimamente prefieren estas prendas por ser baratas. El sueño de Ilsa es poder tener una gran tienda y así tener mayor lugar para ofrecer sus productos.
Ella solicita el crédito para la compra prendas de segunda mano, como ser remeras, camisas, jeans y demás, con lo cual podrá surtir su negocio y de esa forma seguir ofreciendo variedad 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

  • $4,555
    Average annual income
  • 28
    View loans »
    Paraguay Loans Fundraising
  • $28,078,500
    Funds lent in using Kiva
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Lucia Group's $4,275 loan helped a member to buy second hand clothes like t-shirts, shirts, jeans, and other garments.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 25, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012