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San Damian Group
In this Group: Marta Genara, Hermelinda , Teresa , Nelida , Rosalba , Gladys , Bernarda , Delasnieves , Celedonia , Máxima , Marta , Karina , Nieves , Alicia , Herminia , Martina *
* not pictured
The committee is called "San Damian" and its members are in their second loan cycle with 16 members. It is a group that stands out in the neighborhood for being very supportive of one another and responsible. They all help each other always so that, by working together, they may get ahead.

Marta is the group's chair and comments that she always tries to help the group and motivate it to work harder day by day in order to overcome. She earns a living selling all types of clothing such as jackets, jeans, T-shirts and sports tops, shirts and other items. It is thanks to her effort and determination that she has been able to get ahead and help her family as much as she can.

She is seeking the loan for the purchase of winter clothing since cold weather is coming and she wishes to have a good variety to offer her customers.
View original language description ↓
El comité se llama San Damian las miembros están en el segundo ciclo con 16 integrantes, es un grupo que se destaca en el barrio por ser muy unidas solidarias y responsables. Todas ellas se ayudan siempre para que por medio del trabajo en conjunto puedan salir adelante.
Marta es la presidenta del grupo, y comenta que siempre ella trata de ayudar a su grupo e incentivarle para que día a día se esfuercen más y más para poder sobresalir. Ella se dedica a la venta de ropas de todo tipo como ser camperas, jeans, remeras, camisas y demás. Es gracias a su esfuerzo y su lucha que ha podido salir adelante y ayudar a su familia en todo lo que puede.
Ella solicita el crédito para la compra de prendas de invierno, ya que se acerca el frío y quiere tener buena variedad para ofrecer 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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $28,140,525
    Funds lent in using Kiva
  • 4,510.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Damian Group's $2,475 loan helped a member to purchase winter clothing for sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012