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Santa Librada Group
In this Group: Delia, Alba, Aida, Silvia, Lidia, Francisca, Sady, Patrocinia, Reinalda, Guillermina, Celina, Aline, Antonia, Wilma, Benigna, Mercedes, Mirian*, Marcelina*
* not pictured
The committee called “Santa Lucia” (Saint Lucia) consists of 19 members that are in the second cycle. This group is known in the neighborhood for being very united, supportive and responsible. The members work in different activities. The members are dedicated to the program of the “Fundacion Paraguay” (Paraguay Foundation) now that they have begun to see results.

Silvia works as a dressmaker. Thanks to her creativity and talent she has been able to restore damaged clothes. She is able to create clothes such as dresses, pants, vests, etc. The loan requested is to buy a greater amount of supplies such as fabrics, thread, scissors, pins, pattern magazines, and other materials to grow professionally.
View original language description ↓
El comité se Denomina “Santa Lucia” cuenta con 19 integrantes, se encuentra en el Segundo Ciclo, es un grupo que se destaca en el barrio por ser muy unidas, solidarias y responsables, todas ellas se dedican a actividades diferentes. Las integrantes se encuentran muy comprometidas con el programa de la Fundación Paraguay ya que han empezado a ver los resultados.
La señora Silvia se dedica al corte y confección de ropas. La señora gracias a su creatividad y talento ha podido restaurar las ropas dañadas y también a crear ropas como vestidos, pantalones, chalecos, etc.
El crédito solicitado sería para comprar mayor cantidad de insumos como telas, hilos, tijeras, alfileres, revistas con diseños, y demás materiales que le ayuden a crecer como profesional.

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
  • 11
    View loans »
    Paraguay Loans Fundraising
  • $29,355,475
    Funds lent in using Kiva
  • 4,390.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Librada Group's $2,800 loan helped a member to buy supplies such as fabrics, thread, scissors, pins, fashion magazines, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012