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San Francisco 2 Group
In this Group: Zulma Mabel, Lida , Zoraida , Nilda , Sebastiana , Idelisa , Ana , Karina
The communal bank group 'San Francisco 2' is in the city of Pilar, and are beginning to work as a group. They are in their first loan cycle, with great enthusiasm and desire to get ahead, and in this way be able to help their families. The woman have a lot of hope that this program will help them be able to grow, not just economically, but also as people.

Zulma makes a living selling 'mazamorra', a traditional sweet corn pudding, and fish. She told us that as a result of her hard work, she is able to provide for her family and give them what they need day to day. She said that her dream is to have a large business where she can offer her products and also provide her customers with a comfort place and also have more space where she can have more products. She has requested a loan to buy fish, which will increase her stock and allow her to be able to meet the demands and orders of her customers.
View original language description ↓
El Comité San Francisco 2 es de la ciudad de Pilar, está empezando a trabajar como grupo, se encuentran en el primer ciclo, con gran entusiasmo y ganas de salir adelante y de esa forma poder ayudar a sus familiares. Ellas tienen mucha esperanza en que este programa les ayudara a poder crecer no solo en lo económico, sino también como personas.
La Sra. Zulma se dedica a la venta de mazamorra y pescados y nos comenta que mediante el arduo trabajo que hace, puede mantener a su familia y darles lo que necesitan para el día a día. Ella cuenta que su sueño es poder tener un negocio bien amplio donde poder ofrecer sus productos y también dar buena comodidad a sus clientes y tener más espacio para poder tener más productos.
Ella solicita el crédito para la compra de pescado, con lo que tendrá más en stock y de esa forma poder cumplir con la demanda y pedidos de 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
  • 16
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,300.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Francisco 2 Group's $1,025 loan helped a member to buy fish for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 25, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012