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Santa Maria 1 Group
In this Group: Maria Antonia, Elizabeth , Celedonia , Maida , Basilia , Sara , Liliana , Marcelina , Josefina , Dominga , Luciana , Olga , Aparicia , Virginia *
* not pictured
The communal bank is named "Santa Maria 1". They're in their 7th loan cycle. There are 14 members, all of whom work very hard in order to support each other, and therefore get ahead and also grow.
All of the members raise and sell animals. They're self-sacrificing women who seek and wish for better living conditions for their children. Maria requests the loan in order to purchase feed, so that she can continue to feed her animals well.
She gives thanks to Fundación Paraguaya and Kiva for the help that she and her friends are getting.
View original language description ↓
El comité se denomina Santa Maria 1 están en el séptimo Ciclo con 14 integrantes, todas ellas trabajan arduamente para poder ayudarse las unas a las otras y de esa forma salir adelante y también crecer.
Todas las miembros se dedican a la cría y venta de animales, son mujeres sacrificadas y que buscan y anhelan un bienestar mejor a sus hijos. Maria solicita el crédito para la compra de balanceados y de esa forma poder seguir alimentando bien a sus animales. Agradece a la fundacion paraguaya y a kiva por la ayuda que ella y sus amigas están recibiendo.

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
  • 30
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,490.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Maria 1 Group's $2,075 loan helped a member to purchase feed for her animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013