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Santa Librada Group
In this Group: Ramona , Gladys , Cristina , Francisca , Carmen , Ana , Maria , Lucia , Reinelda , Andresa , Ilda , Justina , Gloria , Sebastiana , Mirian , Nimia *, Elsa *
* not pictured
The "Santa Librada" communal bank is comprised of 17 women who are very organized, united, hardworking and supportive of each other. These ladies come from the town of Mbocayaty and they're all neighbors and friends. They gather together every 15 days to offer each other support and help in order to keep making progress on a daily basis.
Most of these entrepreneurs make, buy and sell foodstuffs such as empanadas, fried meats, pies and alfajores. They also do embrodering, lacework and crochet.
These ladies are excited to continue to participate in this microcredit programme so that they can improve their businesses and their living conditions.
Their biggest wish is to see their children and grandchildren grow up in a town where they can find job opportunites and a place where they can play healthily and freely.
Sebastiana owns a small grocery store in order to help with her family's expenses. She'd like to offer more merchandise to her regular and occasional customers.
She requests the loan in order to purchase needles, lace, zippers, buttons, thread, etc., so she can offer them to her customers.
View original language description ↓
El grupo “SANTA LIBRADA” es un comité de 17 mujeres que están muy bien organizadas, unidas, trabajadoras y solidarias unas con otras. Estas señoras son de la ciudad de Mbocayaty ,todas son vecinas y amigas. Se reúnen quincenalmente para brindarse apoyo y ayuda unas a otras para seguir mejorando día a día.
La mayoría de estas microempresarias se dedican a la fabricación, compra y venta de productos comestible como: empanadas, milanesas, tortas, alfajores. También se dedican al bordado, encaje ju y crochet.
Estas señoras están animadas por seguir participando de este programa de microcrédito, para así mejorar sus actividades económicas y su calidad de vida.
El mayor anhelo que tienen es ver a sus hijos y nietos crecer en una ciudad donde haya fuentes de trabajo y un lugar donde ellos puedan recrearse sanamente y libremente.
La sra. Sebastiana tiene una pequeña mercería con la cual ayuda a la canasta familiar, le gustaría poder ofrecer mayores productos a sus clientes fijos y ocasionales.
Solicita el crédito para comprar agujas, encajes, cierres, botones, hilos, etc. y poderlos ofrecer a su clientela.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $27,541,575
    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 $4,225 loan helped a member to purchase needles, lace, zippers, buttons, thread, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013