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San Cayetano Group
In this Group: Teodora Rafaela, María , Adriana , Jorgelina , Ramona , Bernardina , Natalia , Ana , Juana , Mercedes , Eliodora , Florencia , Eulalia , Myrian , Gladis , María , Belinda , Myrian , María *, Lourdes *
* not pictured
The “San Cayetano” Group is from the city of Villa Elisa. It is a large group that has come together with the goal of receiving support to keep working and making headway. Eulalia is one of the members of the group. She is a very hard worker with a strong desire to move up in life and rise above in order to help her family. She makes a living selling all kinds of footwear, with which she helps her family with day to day expenses. Her goal is to have a shoe store to be able to increase her income and offer a wider variety of products to her customers. She is requesting the loan to purchase footwear to expand her offerings and become closer each day to reaching her goal.
View original language description ↓
El Comité “San Cayetano” es de la ciudad de Villa Elisa, este es un numeroso grupo que se ha unido con el propósito de poder recibir un apoyo para poder seguir trabajando y salir adelante.
Eulalia es una de las miembros del grupo, es muy trabajadora y tiene un gran espíritu de superación y quiere sobresalir para ayudar a su familia. Ella se dedica a la venta de calzados de todo tipo, con lo cual ayuda a su familia y ayuda en los gastos del día a día. Su meta es poder tener una zapatería para poder tener mayores ingresos y mejor variedad que ofrecer a sus clientes.
Ella solicita el crédito para la compra de calzados, con lo cual tendrá mayor variedad que poder ofrecer a sus clientes y también estar cada día más cerca de cumplir su meta.

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
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $27,433,875
    Funds lent in using Kiva
  • 4,540.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $3,875 loan helped a member to purchase footwear to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012