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San Miguel Group
In this Group: Patricia, Liliana, Emilce, Leogilda, Sonia, María Del Pilar, Cecilia, Catalina, Elida, Carmen, Ángela, María, María*, Leandra*, Sandra*
* not pictured
The communal bank San Miguel is located in the city of Lambaré and comprised of 15 hard-working women who put every effort into growing their businesses and helping their families.

Patricia, the president of the group, is a very enterprising, determined woman who works every day at her job. Thanks to her work she is able to get ahead and help her family. Her goal is to have a large shop some day where she can offer more clothing to her customers.

She is requesting a loan to buy capris, pants, jeans and other clothing so she can continue to attract more customers and earn more money.
View original language description ↓
El comité San Miguel es de la ciudad de Lambaré, está integrado por 15 mujeres muy trabajadoras, que se esmeran por ir creciendo y ayudando a su familia.
Patricia, la presidenta es una persona muy emprendedora y luchadora, trabaja todos los días en su puesto y es gracias a su trabajo que ella está saliendo adelante y puede ayudar a su familia. Su meta es poder tener una gran tienda donde pueda tener más prendas que ofrecer a sus clientes.
Solicita de este crédito, para la compra de remeras, pantalones, jeans y demás prendas, con lo que desea seguir atrayendo a más clientes y ganar mejores ingresos.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 4,459.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $1,925 loan helped a member to buy capris, pants, jeans and other clothing.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013