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San Francisco Group
In this Group: Gladys, Maria, Sonia, Silvina, Delia, Delia, Nancy, Evarista, Margarita, Fatima
The communal bank is made up of 10 humble women with a passion for working with the Fundación Paraguaya (Paraguayan Foundation) through which they obtain loans. The members of the communal bank are very gracious for the opportunity the Fundacíon Paraguaya has given them to grow financially, especially for the rural women.

One of the members, María, is a traveling saleswoman selling vegetables such as lettuce, tomatoes, pumpkin, carrots, etc. In order to obtain her produce, María goes to the market very early so she can pick the best quality and best priced vegetables so she can later sell them to her regular clients.

The requested loan would allow her to purchase larger quantities of better quality vegetables so she can increase her revenues.
View original language description ↓
El comité está conformado por 10 señoras humildes con mucha voluntad para trabajar con la Fundación Paraguaya y de esa formar llagar a obtener los créditos.las integrantes del comité están muy agradecidas con la Fundación Paraguaya por la oportunidad que brinda a las mujeres de crecer económicamente especialmente a las mujeres rurales.
Una de las integrantes la señora María se dedica a la venta de verduras como lechuga, tomate, zapallo, zanahoria, etc de forma ambulante. Para obtener los productos la señora va a tempranas horas al mercado al elegir los de mejor calidad y buen precio para luego venderlos a sus clientes fijos.
El crédito solicitado sería para comprar mayor cantidad de verduras y de mejor calidad para generar mayor cantidad de ingresos.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Francisco Group's $1,275 loan helped a member to purchase vegetables such as lettuce, pumpkin, tomatoes, carrots, etc...
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013