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San Cayetano Group
In this Group: Juana Bautista, Gloria, Maria Concepcion, Delia, Mercedes, Felicia, Delia Ramona, Rosa, Nadia Maria, Nieve Maria, Ana Alicia, Gisel, Roxana Rose, Lourdes Elizabeth
'San Cayetano' is the name of this wonderful group of women which was formed when the group's president contacted a loan officer. The group currently has 14 members who are working very happily on their second loan cycle.

Gisel is a member of this hard-working group. Her business is selling all types and brands of cosmetics. She says that she has gradually grown her business through her own hard work and that she now has a very good customer base. She is requesting this loan to buy cosmetics. This will enable her to continue working and continue offering a good variety of products to her customers.
View original language description ↓
San Cayetano, se denomina el excelente grupo de mujeres formado gracias a que la presidenta en ese entonces contacto con la asesora. Actualmente tiene 14 mujeres quienes se encuentran trabajando muy a gusto en el 2° ciclo.
Gisel es parte de este trabajador grupo, ella se dedica a la venta de cosméticos de todo tipo y marca. Cuenta que ella ha ido creciendo de a poco por medio de su sacrificio y que hoy en día ya tiene muy buena clientela. Pide de este crédito para la compra de cosméticos, con lo cual podrá seguir trabajando y seguir dando buena variedad a sus clientas.

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
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,481.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $2,125 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013