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San Miguel Group
In this Group: Ines, Selva , Petrona , Pablina , Maria , Griselda , Ana , Rogelia , Nery , Florentina , Elisa , Maria , Sulema , Marta , Graciela , Graciela , Yamila
The “San Miguel” committee is from the city of San Miguel. It has 17 members who are very responsible in their meetings. They are very well-known in their neighborhood for the good teamwork they have.

Inés is group president. She defines herself as a person who always strives to get ahead and give her family everything they need. She sells natural remedies, that is, herbal products. She is very proud of what she does because it’s dignified, honest work. She’s requesting the loan to buy natural remedies to resell and be able to stay in business earning her daily bread.
View original language description ↓
El comite de San Miguel son todas de la Ciudad de San Lorenzo, son 17 integrantes muy responzables en sus reuniones, ellas son muy reconocidas en su barrio por el trabajo en conjunto que hacen.
Ines es la presidenta del grupo, ella se define como una persona que siempre se esfuerza por salir adelante y dar todo lo que su familia necesita. Se dedica a la venta de remedios naturales, es decir remedios yuyos. Esta muy orgullosa de lo que hace ya es un trabajo digno y honesto.
Ella solicita el crédito para la compra de remedios naturales para revenderlos y de esa forma poder seguir trabajando y ganándose el pan de cada día.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $5,100 loan helped a member to buy natural remedies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013