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Santa Maria. Group
In this Group: Hilda, Mirian , Juana , Alicia , Ramona , Luz , Porfiria , Maria , Isabel , Celsa
The "Santa María" communal bank has 10 members and is in its second cycle. Upon finishing the first cycle they found themselves very satisfied with the support of the foundation. They are enthusiastic about continuing with this support since they came out well and took maximum advantage of the previous loan.

María Rosa, one of the members of the group, has a small grocery store that she wants to stock with a greater variety of products that she can offer her customers. She also wants to be able to enlarge her store. All of this is to satisfy the basic needs of her customers and generate more income for her household.

She is asking for the loan in order to be able to stock her store with milk products, vegetables, etc.
View original language description ↓
El comité "Santa María" tiene 10 integrantes, se encuentra en su 2° ciclo, al culminar e 1° ciclo se encontraron muy conforme con el respaldo de la fundación, se las ve entusiasmadas en continuar con este apoyo ya que salieron favorecidas y aprovecharon al máximo el crédito anterior.
María Rosa, una de las integrantes del grupo, tiene una despensa, la cual desea surtir con mayor variedad de productos que poder ofrecer a su clientela y también anhela poder agrandar su despensa, todo esto para satisfacer las necesidades básicas de sus clientes y generar mayor ingreso a su canasta familiar.
Solicita el crédito para poder surtir su despensa con lácteos, verduras, hortalizas, etc.

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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $31,595,250
    Funds lent in using Kiva
  • 4,403.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Maria. Group's $1,475 loan helped a member to buy vegetables, fruit, milk products, and bread products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013