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San Damian Group
In this Group: Marta Genara, Hermelinda, Teresa, Nelida, Bernarda, Delasnieves, Celedonia, Marta, Gladys, Nieves, Martina, Apolinaria, Alicia, Alicia, Maria, Elodia*
* not pictured
The bank is named San Damián and the 16 members are in their second cycle. It's a group that stands out in the neighborhood for being very close, supportive, and responsible among themselves.

Marta, the president, is a very optimistic person who works hard to get ahead. She also encourages her friends to be able to continue working toward realizing their dreams. She makes a living selling clothing. She says it's going well for her because she's cut out for sales, so she's growing and making a name for herself.

She's requesting this loan to buy t-shirts, shirts, shorts, jeans, and other clothing to be able to continue working and offering her customers a good variety.
View original language description ↓
El comité se Denomina San Damian están en el segundo ciclo con 16 integrantes, es un grupo que se destaca en el barrio por ser muy unidas solidarias y responsable entre ellas.
Marta, la presidenta, es una persona muy optimista que se esfuerza por salir adelante y también anima a sus amigas a poder seguir trabajando por sus sueños y cumplirlos. Ella se dedica a la venta de ropas, y dice que le va bien ya que tiene muy buena pasta para las ventas y que así está creciendo y se está haciendo conocida.
Solicita de este crédito para la compra de remeras, camisas, shorts, jeans y demás, con lo cual podrá seguir trabajando y dandi buena variedad a sus clientes.

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
  • 82
    View loans »
    Paraguay Loans Fundraising
  • $30,772,800
    Funds lent in using Kiva
  • 4,450.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Damian Group's $4,150 loan helped a member to buy t-shirts, shirts, shorts, jeans, and other clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013