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San Lorenzo Group
In this Group: Olinda, Brigida, Sixta , Elida , Nancy , Epifania , Hilda , Juana , Edilia , Maria , Prisca , Carmen , Justina , Eva
The San Lorenzo Committee is made up of 14 members who are currently in their fifth loan cycle. They are women who work very hard to get ahead and cover their families' costs. Their intention was to form part of the Female Entrepreneurs' Committee to get this loan with the goal of improving their enterprises and their quality of life.
Sra. Epifania is one of the group members who works very hard to get ahead. She habitually buys and sells animals. She also works as a maid in order to cover her family's costs. She is requesting this loan for the purchase of animal feed. This way, she will be able to keep working as she has done until now.
View original language description ↓
El Comité llamado San Lorenzo está conformado por 14 integrantes y actualmente se encuentran en el 5º ciclo. Son mujeres que se esfuerzan para salir adelante y solventar los gastos de la familia, la intención de las señoras fue formar parte del comité de Mujeres Emprendedoras con el beneficio del crédito otorgado a fin de lograr mejorar sus emprendimientos y calidad de vida.
La Sra. Epifania es una de las integrantes que se esmera muchísimo por salir adelante, ella se dedica habitualmente a la compra y venta de animales y también trabaja como empleada doméstica y así solventa los gastos de la familia. Ella pide el crédito para la compra de alimento para sus animales, y de esa forma poder seguir trabajando como hasta hoy lo hace.

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
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Lorenzo Group's $2,975 loan helped a member to buy animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013