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San Jaun Group
In this Group: Antonia De Jesus, Victoria , Eulalia , Luisa , Gregoria , Blanca , Blanca , Gladys , Zulma, Saturnina *, Matias *
* not pictured
The communal bank "San Juan" is a group with members from the city of Curuguaty. They are in their second loan cycle. They are all hard-working and humble women. The communal bank is located in the Colonia 7 Monte. The communal bank "San Juan" is committed to continue paying with the same responsibility that have been, so as to not lose the confidence placed in them.

Eulalia, one of the members, sells drinks and is requesting this loan in order to buy soft drinks, beer, wine, and the like and thus to continue selling her products.
View original language description ↓
El Comité " San Juan", es un comité con integrantes de la cuidad de Curuguaty, se encuentran en el segundo ciclo. Todas son mujeres trabajadoras y humildes, el comité está situado en la Colonia 7 monte.
El Comité San Juan se compromete de seguir pagando con la misma responsabilidad que venían haciendo, y de esa forma no defraudar la confianza depositada en ellas. Eulalia, una de las miembros, vende bebidas y solicita de este crédito para poder comprar gaseosas, cervezas, vinos y demás y así seguir vendiendo sus productos.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,629,450
    Funds lent in using Kiva
  • 4,464.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Jaun Group's $1,650 loan helped a member to buy soft drinks, beer, wine, and the like.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 14, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013