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San Ramon Group
In this Group: Octaciana, Fatima , Clara , Lida , Eugenia , Lisa , Cynthia , María , Miguela , Marisol , Tania , Angelica *
* not pictured
The communal bank "San Ramon" has 12 members who have all demonstrated a strong desire to get ahead and leave poverty behind them.

All of them work raising and selling barnyard animals such as hens, ducks, sheep, etc. They have seen a great opportunity for progress in the women's communal bank program, and so this is why they decided to unite and work together.

Miguela is requesting a loan to buy feed for her animals so that she can have extra food on reserve and not run out.
View original language description ↓
El comité “San Ramón” tiene 12 integrantes, todas ellas han demostrado que tienen ganas de salir adelante y dejar la pobreza atrás.
Todas ellas se dedican a la cría y venta de animales de corral, como ser gallinas, patos, ovejas, etc. Ellas han visto una gran oportunidad de progreso en el programa de comité de mujeres y es por eso que decidieron unirse y trabajar juntas.
Miguela pide el crédito para la compra de alimento para sus animales para poder tener de reserva y así que no le falte.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $30,749,550
    Funds lent in using Kiva
  • 4,433.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Ramon Group's $2,600 loan helped a member to buy feed for her animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013