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San Agustin Group
In this Group: Eugenia, Mirtha, Fidelina, Epifania, Nelly, Marciana, Ylda, Damiana, Liliana, Olga, Demeria, Maria, Graciela, Maria, Estela, Andrea, Julia
San Agustín Group was founded by several neighbours of the town of Mariano Roque Alonso. All members have their own business, but they all help each other to do things together that benefit them as a group. One of the members, Julia, embroiders slippers to help her family with expenses. This is an activity she very much enjoys, since she gets to use her natural creativity, which shines through in each slipper she embroiders. While it is a very demanding job, she is very happy with what she does and wants to be able to keep doing it, which is why she asks for this loan in order to buy the necessary supplies for her trade: slippers, sequins, thread, needles, and others. Thanks to this loan, she will be able to keep working and helping her family.
View original language description ↓
El comité San Agustin se formó con la unión de varias vecinas de la ciudad de Mariano Roque Alonso. Todas las integrantes del comité desarrollan actividades independientes, pero también se ayudan para poder hacer actividades juntas para poder ayudarse las unas a las otras.
Una persona digna de destacar es Julia, quien por medio de zapatillas bordadas ayuda a su familia. Este es un trabajo que ella gusta mucho, ya que siempre tuvo mucha creatividad y lo muestra en cada una de las zapatillas que borda. Si bien es un trabajo muy sacrificado ella esta contenta con lo que hace y quiere poder seguir haciéndolo, es por eso que solicita de este crédito, para poder invertirlo en la compra de zapatillas, lentejuelas, hilos, agujas y demás, para poder seguir bordándolas y de esa forma poder seguir teniendo los medios para ayudar a su familia.

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
  • 97
    View loans »
    Paraguay Loans Fundraising
  • $32,360,775
    Funds lent in using Kiva
  • 4,275.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Agustin Group's $3,850 loan helped a member to buy slippers, sequins, thread, needles, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Dec 24, 2012
Currency Exchange Loss:
Apr 17, 2013