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San Jose Group
In this Group: Lilian Carolina, Adriana, Irene, Benicia, Sergia, Ninfa, Gregoria, Maria Amelia, Quintina, Lorenza, Leonarda, Clara Yahari, Elva Ester
The group was formed in San Jose barrio, Caaguazu city, and includes 13 humble married women. Their proposal was to obtain financial aid because they desired personal and work advancement.

Benicia is an example of their struggle. Every day she begins work very early in the morning in her little store. She comments that starting with very little, her business is growing and aggrandizing and it helps a lot to always have what her customers need.

Benicia is requesting a loan to buy vegetables, fruit, groceries, drinks, and other products in order to re-stock her store.
View original language description ↓
El comité se formó en el barrio San Jose de la ciudad de Caaguazú, con 13 señoras humildes con el propósito de obtener una ayuda, ya que ellas desean una superación personal y laboral.
Benicia es un ejemplo de lucha, ya que ella todos los días empieza a trabajar desde muy tempranas horas en su pequeña despensa. Comenta que de a poco está creciendo y agrandando su negocio y le ayuda mucho que siempre tiene todo lo que sus clientes necesitan.
Benicia solicita de este crédito para la compra de verduras, frutas, comestibles, bebidas y otros productos para tener bien surtido su local.

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
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $28,194,900
    Funds lent in using Kiva
  • 4,450.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Jose Group's $1,950 loan helped a member purchase vegetables, fruit, groceries, drinks, and other merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013