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San Pablo Group
In this Group: Lucinda, Eloisa, Edith, Noemi, Carmen, Florinda, Maria, Atanasia, Reinalda, Norma, Ramona, Marilina, Maria, Noelia
The “San Pablo” committee has 14 members with various activities. Each member invests the loan she got in her business to increase sales and profits. Carmen has a stand where she sells all sorts of products: cleaning supplies, personal hygiene products, dairy products, baked goods, vegetables, etc. Thanks to her daily effort she already has a well-established regular clientele that she offers the best prices and quality to. With this loan she will able to y products for her store and have a wider variety and more quantity available for her customers.
View original language description ↓
El comité San Pablo esta conformado por 14 integrantes con actividades variadas, cada una de ellas invierten el crédito obtenido en su propio negocio para así poder aumentar las ventas y las ganancias.
La señora Carmen tiene un puesto de venta donde se pueden encontrar todo tipo de productos ya sea de limpieza, higiene, lácteos, panificados, verduras, etc. Gracias a su esfuerzo diario, la señora ya cuenta con una clientela regular a quienes les ofrece siempre el mejor precio y calidad.
Con el crédito obtenido ella podrá comprar productos para su despensa y podrá ofrecerlos en mayor variedad y cantidad 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
  • 82
    View loans »
    Paraguay Loans Fundraising
  • $30,772,800
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Pablo Group's $2,425 loan helped a member to buy cleaning supplies, personal hygiene products and food.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012