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La Amistad Group
In this Group: Zoraida , Delia , Isidora , Silvia , Ortencia , Nimia , Claudia , Jovina , Clotilde , Francisca , Liz , Blacida , Odila , Lidia , Sonia , Ani *, Francisca *, Sandra *
* not pictured
The La Amistad Communal Bank was formed through the union of several neighbors from the city of Santaní. These women are heads of their families who got together in order to help each other and be able to get ahead.

Isidora is part of the group and she tells us that, through her work, she has been able to help the people in her family. She is a very selfless person who really wants to keep doing what she is doing. She is a shopkeeper, as she sells from her well stocked shop for a living and, thanks to this, she is able to get ahead and help her family with their everyday expenses.

Isidora is asking for a loan to buy herbs, sugar, milk, baked goods, and other supplies to be able to get ahead and also to be able to offer her customers more variety.
View original language description ↓
El comité La Amistad” se formó con la unión de varias vecinas de la ciudad de Santaní. Ellas son mujeres jefas de familia que se han unido con la intención de ayudarse las unas a las otras y de esa forma poder salir adelante.
Isidora es parte del grupo y comenta que por medio de su trabajo ha podido ayudar a las demás personas de su familia. Es una persona muy sacrificada y con muchas ganas de seguir con lo que está haciendo. Es comerciante, pues se dedica a las ventas en su despensa bien surtida y gracias a eso puede salir adelante y ayudar a su familia con los gastos del día adía.
Isidora solicita el crédito para la compra de yerba, azúcar, leche, panificados, y demás insumos para poder salir adelante y también para poder ofrecer mayor 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

  • $8,400
    Average annual income
  • 135
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,570.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Amistad Group's $3,300 loan helped a member to buy herbs, sugar, milk, baked goods, and other supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 25, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013