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San Cayetano Group
In this Group: Evangelista, Tomasa , Dominica , Gregoria , Ramona , Nemecia , Fulvia , Asuncion , Patricia
San Cayetano Communal Bank is already on its 5th cycle due to their hard work, unity, and mutual support in the programme. As well as each person's individual work, they also develop activities together and in this way help each other and can confront any problem they have.

One of their stories is that of Tomasa who sells cheesy buns, chicken, eggs and meals thanks to the foundation's help and the loans that have been granted to her through the group. She comments that because of the loan she was able to improve her business, standard of living and economic income.

She is requesting the loan in order to buy eggs and ingredients for her meals, as in this way she will be able to continue working and helping her family.
View original language description ↓
El comité San Cayetano con mucho esfuerzo ya se encuentran en el 5 ciclo, en forma conjunta y solidaria dentro del programa.
Además del trabajo independiente de cada una, también desarrollan actividades en forma conjunta y de esa forma se ayudan y pueden afrontar cualquier problema que tengan.
Una historia es la de la Sr. Tomasa quien se dedica a la venta de chipa, gallina , huevo y comida esto gracias a la ayuda de la fundación y de su grupo con los créditos que se le otorgó , nos comenta que mediante el crédito pudo mejorar su actividad y su nivel de vida e ingreso económico.
Solicita del préstamo para la compra de huevos, y de insumos para sus comidas, ya que de esa forma podrá seguir trabajando y ayudando a su familia.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,464.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $2,150 loan helped a member to buy eggs and other food ingredients etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013