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San Cayetano Group
In this Group: Crisolina, Grismilda , Lucia , Antonia , Aquilina , Maria , Maria , Gervacia , Dolly , Gregoria , Ildefonsa , Margarita , Carmen , Patricia , Mirtha , Mirian , Margarita *, Marli *, Natalia *
* not pictured
The committee San Cayetano is in the city Caaguazú and the primary goal of these 19 women is to overcome the poverty that they live in, both the women and their families. To do this, they are working hard and proving that together and united they can achieve their goal.
Crisolina is the president, and a member of the group, and she has a small snack shop where she sells foods, drinks, candies and more. She says that she began with a small business and thanks to sacrifice and daily hard work she has been able to grow her business and continue to improve it. She is asking for a loan to purchase candies and drinks in order to stock her business and be able to continue to work in this line of work.
View original language description ↓
El comité San Cayetano, es de la Ciudad de Caaguazú, el principal objetivo de estas 19 señoras es superar la pobreza en las que están viviendo, ellas y sus familias, para ello están trabajando arduamente y demostrando que juntas y unidas se puede conseguir el éxito.
Crisolina es la presidenta y miembro del grupo, quien tiene un pequeño copetín donde vende alimentos, bebidas, golosinas y demás. Comenta que empezó con un pequeño negocio, y gracias a su sacrificio y trabajo diario ha podido ir creciendo y mejorando. Ella solicita el crédito para la compra de golosinas, y bebidas, para poder surtir su negocio y seguir de esa forma trabajando.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $4,125 loan helped a member purchase candies and drinks for re-sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2012
Listed
Jun 15, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012